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SUN

Sunoco LP Strategic Moves Signal Growth Amidst Mixed Financials Sunoco LP., ( SET:SUN ) a key player in the energy sector, has recently unveiled a series of strategic moves that suggest a calculated approach to future growth. The company's announcement of a $1 billion deal with 7-Eleven, coupled with the planned acquisition of European terminals, reflects a commitment to expansion and optimization. While financial figures for the past year present a mixed picture, Sunoco's recent performance in Q3 2024 signals a positive trajectory. Strategic Moves for Growth: Sunoco's decision to sell 204 convenience stores to 7-Eleven for approximately $1 billion underscores the company's focus on streamlining operations and reducing leverage. The deal not only includes the sale of stores but also involves amending the existing fuel supply agreement with 7-Eleven, a move that could enhance fuel gross profit for Sunoco. The infusion of capital from the sale is earmarked to fortify the company's financial position and pursue future growth opportunities, all while ensuring a robust balance sheet and sustaining multi-year distribution growth. In addition to the 7-Eleven deal, Sunoco's intention to acquire 100% equity interest in Zenith Energy Netherlands Amsterdam B.V. signifies a strategic move into the European market. The acquisition includes liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland, providing supply optimization for Sunoco's existing East Coast business. This move aligns with Sunoco's broader strategy of growing its portfolio of stable midstream income. The company anticipates the acquisition to be accretive to unitholders in the first year and plans to finance it using available amounts under its revolving credit facility. Financial Performance Analysis: Sunoco's financial performance in Q3 2024 reveals a tale of contrasts. While total revenue for the past year showed a robust 46.22% increase, net income figures dipped by 10.99% compared to the previous year. However, the most recent quarter tells a different story, with net income spiking by an impressive 280.3%, signaling a potential turnaround. Similarly, earnings per share (EPS) for the past year witnessed a decrease of 11.37%, but the third quarter of 2024 saw a remarkable improvement of 279.84%. Technical Outlook: From a technical standpoint, Sunoco LP Unit is currently in a rising trend channel in the medium to long term. Trading near the top of its 52-week range and above its 200-day simple moving average, the stock's upward momentum suggests a positive sentiment among investors. This trend could be attributed to the recent strategic moves, indicating that investors view Sunoco's growth initiatives favorably. Conclusion: Sunoco LP's recent strategic moves, including the 7-Eleven deal and the European terminals acquisition, demonstrate a proactive approach to growth and optimization. Despite mixed financial figures for the past year, the significant improvement in Q3 2024 suggests that Sunoco is on a positive trajectory. Investors, buoyed by the company's strategic initiatives, seem to be driving the share price higher, indicating a promising future for Sunoco LP.
NYSE:SUNLong
by DEXWireNews
SUN/USDT 1D. Main trend. Secondary. Local. All main details.Coin Sun. This is an altcoin from the TRX ecosystem. Other coins in this ecosystem are: NFT, JST, BTTC(BTT), TRX. On the backstage of XRP rise(China money partly) TRX class of assets also look very interesting. In this idea i'll share my view on SUN from TRX group of assets. From the beginning of the trading history coin has been dumping, which is basic for almost every altcoin. After reaching certain prices trend reversed and broke the main downtrend. After that the retest followed and that was also the moment of the beginning of big diamond forming. I remind you that diamond is a reversal of the trend pattern, also consider the timeframe it's forming on(the bigger the TF the stronger the formation). This diamond is forming already for something about 400 days. Local and midterm trends are shown on the chart. Also consider the volume spring shown, which means that there's a potential for big impulse soon. Local targets and zones are shown on the chart. Capitalization of this coin is 55m$ as for the moment of writing. So there's quite a potential of 10x on the high of the trend. This will be 666 zone...
Long
by TradingTsar
2
SUNUSDT|Get a long position!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ The coin, after leaving the local downward channel, lingered in the bullish range, from where you can try to take a few percent, 1-2% of the deposit with a leverage of 2-3X. Deal plan: Entry - 0.00562/0.00555$ Stop - $0.005335 Take - 0.00586, fix 50-70% of the position, stop in used. Guys, I described risk management and money management for you, you don’t need to fly headlong and take a large leverage and enter completely on deposit.
Long
by DanilBlinkov
SUN/USDT - Sun (New): Resistance_Breakout◳◱ A Resistance Breakout has been identified on the SET:SUN / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00585 | 0.00619 | 0.00682, and the major support zones can be found at 0.00522 | 0.00493 | 0.0043. Consider entering at the current price zone of 0.00562 and targeting higher levels. ◰◲ General info : ▣ Name: Sun (New) ▣ Rank: N/A ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: N/A ▣ Overview: Sun (New) project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00562 ₮ ▣ 24HVol: 167,404.124 ₮ ▣ 24H Chng: 1.627% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00585 | 0.00619 | 0.00682 ◢ Support: 0.00522 | 0.00493 | 0.0043 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.46 - Bearish ▣ Reddit sentiment score is 0.54 - Bullish ▣ In-depth SUNUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Has FUD ended?Sunrun has been sold heavily after the news about SVB. I think FUD affected SUNRUN heavily. The chart is showing that we are at the support. Summer is near as well. We may see a recovery from here. Targets would be 24 and 28. Then breaking the wedge would be hudge! Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NASDAQ:RUN
by WhaleGambit
SUN/USDT - Sun (New): Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $SUN / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00681 | 0.00706 | 0.00767, and the major support zones can be found at 0.0062 | 0.00584 | 0.00523. Consider entering a trade at the current price zone of 0.0068 and targeting higher levels. ◰◲ General info : ▣ Name: Sun (New) ▣ Rank: N/A ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex ▣ Category/Sector: N/A ▣ Overview: Sun (New) project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0068 ₮ ▣ 24HVol: 1,255,025.500 ₮ ▣ 24H Chng: 3.343% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: N/A ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00681 | 0.00706 | 0.00767 ◢ Support: 0.0062 | 0.00584 | 0.00523 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: N/A ▣ Last 1-Y: N/A ▣ Last 3-Y: N/A ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.46 - Bearish ▣ Reddit sentiment score is 0.54 - Bullish ▣ In-depth SUNUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Sun shining past a major trendlineSUN.N0000 is an aggressive growth company growing through M&A's. With margins under pressure due to the economic crisis in the country SUN was not able to perform as expected however going forward they will be able to improve margins with the economy recovering, this along with a reduction in lending rates is expected to significantly boost net income for the group. For the previous quarter net finance cost stands at 25% of EBIT (FC ->34% , FI -> 8.5%)
CSELK:SUN.N0000Long
by saad99x
Sun Uranus Planetary Aspects - Price TargetsAll the major Sun/Uranus aspects on the SPY going back to 2021 to map out future price targets. They major astrological aspects are: (1) Sun/Uranus conjunction (0/360 degrees) (2) Sun/Uranus semi-sextile (30 degrees) (3) Sun/Uranus sextile (60 degrees) (4) Sun/Uranus square (90 degrees) (5) Sun/Uranus Trine (120 degrees) (6) Sun/Uranus quincunx (150 degrees) (7) Sun/Uranus Opposition (180 degrees) I've also marked and color coded, on the chart, the future dates that each aspect will be occur. It appears that SPY is making a bowl and will potentially return to the 12/31/21 highs in order to make a double top. Price target $468 by 9/2023.
AMEX:SPY
by Iamlivingwater
14
Last call for Sunoco. SUNWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:SUNLong
by Rykin_Capital
SUN hit targets again. 430% profits. What's next?Hello, dear TradingView members. This is a SUN idea. Once more, we opened our positions on SUN around the $0.00525 area, which was a solid support level and a great buy/long opportunity. So far, we have made about 43% (430% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO. If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL. As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement. There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see. RSI is overbought, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
6
🌞 SUN pumped 55%. Is this a breakout?Hello, dear TradingView members. This is a SUN idea. SUN suddenly had a 55% pump in the market and became today's top gainer. There is not enough volume in the market to support this pump, and also, there is a solid resistance level on the way up, pushing down on price. The price still hasn't successfully passed the local resistance level, so do not FOMO and wait for better confirmation. There are two scenarios in the current situation: Scenario One: The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support. Scenario Two: Local resistance will reject the price and fall back to the half-shadow support levels. RSI is in the overbought area, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
8