Hard to ignoreFundamentals - 1 multiple below peers on ev/dacf, 1 multiple below peers price to cash flow, debt at just below 2x is not excessive, growth running at 12% average. Net asset value at 11.60, good netbacks & good recycle ratio. In Oct. the stock peaked at 7.35 & since then the TSX energy index has made new 52 week highs. No reason why we should not test the 7.35 again & then exceed it
Potential - Partnership to accelerate growth, take over
Technicals - We are about to have a golden cross, the stock is making higher highs & lower lows, sector is in favour
Trend is your friend until we get a topping patern
good luck to all