SU Suncor Energy, Inc.

$SU (Weekly & 195-Min Renko) System Status: GO (Active Entry) Setup Trigger (195-Min 1% Renko) • 2nd Green Brick Confirmed: Printed at $69.36 off the 20-EMA ($67.91) • StochRSI: Turning up out of oversold territory (0.346) • Extension: Low at 2.14% above 20-EMA (Tightly managed risk) Higher-Timeframe Support (Weekly) • Weekly RSI(14): 58.29 (Healthy trend expansion zone) • Weekly Renko: Solid Green Brick at $69.36 above rising 20-EMA ($65.71) The Takeaway: System buy signal is LIVE with the 2nd green brick confirmed at $69.36. Risk is clearly defined right below the 20-EMA ($67.91) and PSAR support ($67.32). Execution Checklist at Open • Entry Zone: Around $68.50 – $69.36 (within range of the 20-EMA) • Stop Loss: Just below the 195-min PSAR / 20-EMA support zone ($67.32 – $67.91) • Invalidation Trigger: Exit or stand aside if price drops to print a new red brick below $67.32

BMO Capital raised its price target on Canadian oil sands giant Suncor Energy to C$120 from C$105, maintaining an Outperform rating and signaling further upside potential. The move boosted investor interest as institutional investor Triasima Portfolio Management disclosed an increased stake, while a significant decline in short interest suggested reduced bearish positioning. Suncor’s momentum also reflects its October 4 announcement of a C$1.2B divestiture of non-core offshore assets and an increase in monthly share repurchases from C$500M to C$750M, reinforcing its focus on oil sands operations and shareholder returns. The company is scheduled to report Q3 earnings on November 3. Broader market conditions have also been supportive, with the S&P/TSX Composite rising more than 550 points on Thursday to reach a three-week high amid stronger commodity prices and broad-based sector gains. $SU

$SU It has been kind of a hard stock for me to trade. When I have been able to do so I made money, though. Maybe we will see more interest and liquidity now and things will change.

$SU Suncor to divest non-core offshore assets and increase shareholder returns "announced today that it has entered into a definitive agreement to sell its 48% interest in Terra Nova, 40% interest in White Rose and 38.6% interest in West White Rose offshore assets to Ithaca Energy plc (Ithaca) for $1.2 billion (US$860 million) of upfront cash and an additional contingent payment of up to $350 million (US$250 million), based on future oil prices."