Michael Michaud

The Long Case for Sunoco

We closed our long position on Sunoco a week after we posted a buy on it for several reasons. Our picks are first based on technical analysis, second on a fundamental basis. Sunoco was showing a low risk high reward trade setup on our chart scan, but as the market goes, the art of forecasting and speculation if more an art than a science.

The Long Case for Sunoco

We closed our long position on Sunoco a week after we posted a buy on it for several reasons. Our picks are first based on technical analysis, second on a fundamental basis. Sunoco was showing a low risk high reward trade setup on our chart scan, but as the market goes, the art of forecasting and speculation if more an art than a science.