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  5. MEG: Looking at the chart I see that MEG generally peaks out around here, just under $24. [MEG Energy Corp.]
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Q: Looking at the chart I see that MEG generally peaks out around here, just under $24. It touched there last summer and now 3x this year. The last earnings report was early May and its up almost $4 from then. Time to take profits or is it about to break out?
Thanks
Steve
Asked by Steven on July 30, 2023
5i Research Answer:

It is going to move with the sector, of course, but based on fundamentals, valuation and technicals we would be fine holding this for a possible break out. 

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