SU, TIME TO BUY!

Hello, fellow traders and investors SU and other oil & gas companies have sold off in the past weeks and they look like interesting buying opportunities. My personal favorite is suncor since it offers a good ROI and they are slightly profitable, unlike many others. If SU makes a recovery to the take-profit area it offers a 22% ROI.

Entry: Now
Take Profit: ~25.75$
Stop Loss: ~19.60$

Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend

Fundamentals:
-Description: Suncor Energy, Inc. is an integrated energy company, which develops petroleum resource basins. Its activities include oil sands development, and upgrading, onshore and offshore oil and gas production, petroleum refining, and product marketing.
- Market Cap: 32.96B
- Sales Last 12 Months: 20.61B
- P/E: 1402.67 (because of how low oil & gas sells for currently)
- P/S: 1.60
- Debt/Equity: 0.57
- Sales growth Q/Q: 17.50%
- EPS growth Q/Q: 123.40%
- Profit Margin: 0.10%
- Short Float: 0.61%

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