So again i was correct on my call and Canadian oil companies did reacted the way i expected.
Is it time to cash in ?
If you don't believe that oil production freeze will stay, then taking some profit could be a good call but i personally think that even if it will be very volatile for the next coming days, i would wait just a day or two before making any exit of those Canadian companies like SU.TO as SU.TO for example could easily reach the 36$ plateau without that much trouble.
On the other hand, nobody has ever been in trouble by taking profit.
Have fun
Is it time to cash in ?
If you don't believe that oil production freeze will stay, then taking some profit could be a good call but i personally think that even if it will be very volatile for the next coming days, i would wait just a day or two before making any exit of those Canadian companies like SU.TO as SU.TO for example could easily reach the 36$ plateau without that much trouble.
On the other hand, nobody has ever been in trouble by taking profit.
Have fun
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