Re: Stock of the Day Suncor Energy
The SU chart is a textbook example of a strong trend, worth following. I see SU is making an new all-time high.
There is a world of difference between a stock that is challenging an old high, and a stock that is making a new all-time high.
The one making the all-time high is held by mostly happy people, most of whom are holding it to sell at higher prices.
The same cannot be said of a stock that is near but under a previous high.
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