Suncor Energy Inc. T.SU

Beware the 12 Week SU Short Cycle

[MigraineCall]

Like clockwork, SU has received a short attack exactly every 12 weeks, for the last 4 cycles.

Wash, rinse, repeat.

We have about 8 weeks left until the peak of the next shorting cycle, approx mid September.

Coincidence? 

Check it out yourself:

https://shortdata.ca/stock/SU.TO

Here is the short value for each 15 day period, shown on a chart:



And those peak shorting events shown on the SU price chart with arrow indicators:



All stocks go up and down. When they go up and down consistently at regular intervals, you have an opportunity, especially in a sideways market.

[Obscure1]

Excellent info MC I was going to address the Short Position in my last post but I got distracted (that is how old guys mansplain senility).  My comment was going to be about looking forward to seeing the updated Short Postion on SU as of the 15 which should be available early next week.  With oil at current prices and SU doing all the right things for their doubling down strategy