Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

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Superior Plus Corp > SPB Bullish Pattern

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Post by Martincat on Dec 23, 2022 8:23am

SPB Bullish Pattern

Dec 23/2023....From TD Trading Central....Bullish price crossing 21-day moving average...Price could rise from this point.

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Comment by philip469 on Dec 23, 2022 10:40am

I really don't think the 21 day moving average has anything sort of TA meaning. Refer back to the cahrt I posted earlier. We were clearly in a continuation pattern with lower highs in a trend line getting squeezed between trend and support. Resistance somwhere around low 11s and 200 Day moving average. Only way we are breaking the 200 day and keeping it is with huge momentum which I don't ...more

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Comment by Freezerburn on Dec 23, 2022 11:36am

It's going up because of the news

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Comment by philip469 on Dec 23, 2022 12:40pm

Of course but you don't think companies pay attention to TA. Just a coincidence that they doing buy backs at this level as well . They knew price would drift lower , the announcement is timed but I mean if the news is so good let's see it break the 200DMA

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