SUN/USDT Had a Major Crash |👀🚀 What's Next for SUN?💎Paradisers, let's focus on #SUNUSDT, where the current trends indicate a potential for a bullish turnaround from its vital support area.
💎A review of #SunToken's latest market activities reveals a notable 45% reduction from its recent high. Yet, the steadfastness at the support level of $0.0072 suggests an opening for an upward movement.
💎Despite the hurdles in achieving new highs or surpassing prior milestones, leading to prevailing bearish sentiment, the $0.0072 level is crucial for #SUN. This juncture is primed to potentially initiate a considerable bullish wave with a fresh assessment.
💎As strategic traders, we're always equipped with an alternative plan. If #SUN declines further from this support, we're gearing up for a bullish revival starting from the next support at $0.0060. It's important to remember, however, that descent through this marker could signal the start of more profound bearish trends.
💎Keep your strategies adaptable and your eyes on the market, Paradisers. Your ParadiseTeam is diligently observing, ready to navigate you through these evolving market scenarios.
SUN
A quick look at SUNUSDPer the request from our audience, we would like to take a look at SUNUSD. Based on the information available on Binance’s website, this cryptocurrency was created in connection with the Sun platform and is intended to promote the development of decentralized finance on the TRON blockchain network. In 2021, the Sun token was swapped with a new version of the token at a ratio of 1:1,000. Since then, the Sun’s value has fallen by more than 51%. Furthermore, unlike Bitcoin and other cryptocurrencies, the SUNUSD marked a new low in early December 2023 (after rising almost 100% between late 4Q22 and 1Q23). Overall, the SUNUSD’s volatility might make for exciting swing trade opportunities. However, a long-term investment in this coin seems high risk.
Illustration 1.01
Illustration 1.01 displays the weekly chart of the Sun token. The blue indicator below the main graph shows the weekly percentage change, providing a good picture of how volatile this cryptocurrency is; for example, on 1st December 2023, the SUNUSD plunged by more than 28% and rose by 41% the following day.
Illustration 1.02
The image above shows the MACD breaking into bullish territory on the daily chart, slightly bolstering a bullish case in the short term.
Technical analysis gauge
Daily time frame = Bullish
Weekly time frame = Neutral
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
$DXY pumping as are Yields and OilPretty good calls on the following:
(see our profile for more info)
The US #Dollar maintains its upward trend.
The 10yr #yield is also looking pretty decent.
The 30 Yr bottomed before the others and has been leading #interestrates.
#OIL broke downtrend and has been looking better.
Sunoco Acquiring NuStar Energy in a $7.3 Billion All-Stock DealIn a bold strategic move, Sunoco ( SET:SUN ), the prominent motor fuels distributor, has announced its intention to acquire NuStar Energy, a key player in the oil and gas transportation service industry. The all-stock deal, valued at an impressive $7.3 billion, including assumed debt, marks a significant step for Sunoco as it seeks to strengthen its position in the highly competitive energy market.
The deal, which has received approval from the boards of both Sunoco ( SET:SUN ) and NuStar, involves NuStar's common shareholders receiving 0.400 Sunoco shares for each NuStar common unit. This exchange represents a generous 31.9% premium to NuStar's last closing price, signaling Sunoco's commitment to creating value for NuStar shareholders.
Market dynamics were immediately reflected in premarket trading, with Sunoco's shares experiencing a 2.5% dip, while NuStar's shares surged an impressive 26%. This market reaction underscores the market's confidence in the strategic synergy and growth potential arising from this transformative acquisition.
One of the key highlights of this deal is the projected synergies of $150 million by the third year post-closure. Sunoco and NuStar anticipate that the combined strengths of their operations will yield substantial cost savings and operational efficiencies. These synergies are expected to enhance the overall competitiveness of the merged entity in an ever-evolving energy landscape.
The acquisition is slated to close in the second quarter of 2024, pending regulatory approvals and other customary closing conditions. As the energy sector witnesses rapid transformations and increasing competition, this strategic move positions Sunoco to navigate challenges and capitalize on emerging opportunities.
Sunoco's ( SET:SUN ) decision to acquire NuStar aligns with the broader industry trend of consolidation as companies seek to optimize their operations, enhance market share, and adapt to changing market dynamics. The merger is expected to create a formidable force in the energy sector, leveraging the complementary strengths of both companies to achieve sustained growth.
Industry analysts are already buzzing with speculations about the potential impact of this acquisition on the broader energy landscape. As the merged entity emerges, investors will be keenly watching how Sunoco ( SET:SUN ) harnesses NuStar's assets and capabilities to create a more resilient and competitive business.
In conclusion, Sunoco's ( SET:SUN ) acquisition of NuStar Energy represents a strategic chess move in the dynamic energy sector. With a substantial all-stock deal, a premium offered to NuStar shareholders, and anticipated synergies, Sunoco ( SET:SUN ) is poised to emerge as a stronger and more competitive player. As the deal progresses towards closure, the industry awaits the unveiling of a new, unified force ready to navigate the complexities of the evolving energy market.
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.
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...
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.
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 -
Finally Sunusdt breaks Crucial Resistance seems Like Sun Is ready for Massive Bullish impulse Falling Wedge Breakout Has already done Expecting 34 to 40% bullish wave
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.
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 -
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%)
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.
SUNCITY: HK$1.75 | Swap Place SUN: ₱1.20 | HK$0.17 | Dressing UpSUN aka BW of Stan Ho with minimal holdings under Dr. Andrew Tan of AGI
ventures into Gaming and Leisure Resorts in addition to RWM Travelers under management
through formerly owned firm of Stan Ho Suncity Hk..
-
window Dressing for Big moves of SUN: ₱1.20 towards ₱10.0 with cap fwd at ₱23bn
SUNCITY HK should break to fresh highs at 2.01 for better AWARENESS
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.