Here's another energy name that looks promising: Suncor Energy (SU).
Suncor Energy (SU) in this chart, above, has made a three to four month base around the $26 level. SU has rallied over the 50-day Moving Average (MA), and now the slope is positive -- which tells us that, mathematically, we are in an uptrend. The On-Balance-Volume (OBV) line bottomed in August and is improving, telling us that volume is increasing on up days, which is a positive.
This longer-term chart of SU, above, shows a number of things. First, we can see that SU has largely traded sideways, but with long enough rallies to profit from them -- when they occur. Prices are now above the 40-week MA, and there has been an uptick on the OBV line. There is a bullish divergence between the lows made in late 2014 and the lows this year versus the momentum study in the bottom panel. The net result of these positive indicators is that I would look for a rally to the $35 to $40 area for SU. Use a sell stop below $27, for now.