Energy companies are quite predictable, and SO is one of the best Energy providers in the United States. Highest employee favourability and a top choice by many investors for consistent growth.
One of the best things about SO is that it has consistent swings of 10-20% and you can catch these swings over 4-6 Month periods.
Buying here between $62-$64 and will double down on my position down to the support line at $55.
Target is $80-$82. Time based stop loss for end of July
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Trade active
$63, bids at $62, $60, $58
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$62 bids filled, $58-$68 bids open. Looking good here, just getting in early to secure my position. $58-$60 will be a very strong level
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