The Energy Sector has climbed head and shoulders above all others so far this year with 5 members of the relatively small sector storming over 10% higher – similar to gold we believe this is group which is largely under owned by the market should continue to squeeze higher. We remain long and bullish STO looking for a test of $8 in the coming months where we will consider taking profit.
MM is looking for another 10% upside from STO
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