What it is to be me

By TheWild1 at 21 May, 2008, 12:02 am, Categories : Stock Recommendations

Back on April 3rd I recommended Suncor Energy (SU). This was when the current price of oil was just a myth. At the time the stock was sitting on $100. Now the stock is sitting at… well just see for yourself.

SU 052008

Sure the TWI price target at the time was set up for an 8 point rise; however, that is why you must continue sticking up with your stocks.

After time, stocks create new break outs and new patterns. Now I wouldn’t be too greedy. Already seen a 50 point rise, I would just take my profits here. Even if the stock could still rise. Better to be up, than down.

Wait for some weakness for possible entry points.

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Read more on Oil Prices, Suncor Energy at Wikinvest