$SUGP

SUGP has potential upside if it breaks key technical resistance levels following recent news catalysts.

BullishHe framed it in days
“10-Year Hits 5% as Fed Meeting Kicks Off | PreMarket Playbook + T3 Live | September 15, 2026”
BenzingaPublished Sep 15 · 9 passages

Jump to any passage

9 passages
70:32100:36

SUGP is the next stock on our list. Now, we should be familiar with this one because we've traded this one a whole bunch before. We are well aware of how this moves. I know I know this was a penny stock.

It's moving into dollar territory today. So, I think we'll we'll take a look at it here. This is a Hong Kong name that has given us opportunity before.

It sure looks like maybe it's banging on 115 right now 13. If I do a trend line here, it looks like maybe it's trying to go through the trend line. We'll see here. That's basically what I got.

We do have some declining volume in the pre-market. We'll see if that turns around. Short interest on this negligible 1.95% nothing on the days to cover float on this. 3.5 million shares.

uh announces proposed acquisition of KM Safety Solutions. Lead completion subject to due diligence terminates if they're unsatisfied by Halloween. they announcing exclusive distribution rights from HDX for Trace Lines PX3 portable X-ray system in Hong Kong and Macau.

Well, you know, the float is um loan. I mean, in my broker, it says it's 702,000 shares in in Pro. It says it's three and a half million, but either way, you're looking at a low float name here that's, you know, flooding uh the headlines uh with with, you know, the different things that they're doing.

I mean, I don't know how much you're going to we're going to uh see this go up.

Um, but this uh it's just interesting that we're getting so many different headlines uh in in one day off of this one. I don't know exactly how high this goes, but if this uh goes on a run after we open here, uh I see um you know, several resistance levels.

One's going to be in the 130s and then that uh it jumps up to about 160 and and and 180 um before we really get into some uh thicker uh supply. So, um, there there could be some more upside here, especially if we, uh, break through that, uh, that trend line that you just drew, which I I also have that. I thought that was a good draw.

So, let's see what we end up getting here as we get approached the open. Uh, I I think there will be some higher prints, but, uh, just want to see what this does out of the open first when there's a little bit more liquidity.

Okay. And right now, to your point about waiting for the open, right now it looks like it's running into that trend line and getting rejected. It's done this a few times and just just during the time where you and I are talking here. So, I think that might be a good move there.

Just taking a look around at all these other ones. Suge P uh that still tried to get over the trend line, but uh now it's losing VWAP. So u if this can't find some support pretty soon, I think that this is in for a larger drop.

Uh Suge P still uh trying to work its way through the 115. There's a lot of highs from the pre-market and uh in the 115 area and that's where it went up to. The actual high from the first uh series of impulse moves took us up to 120.

That's where there's a large seller hanging out right now. So, if we get some good volume expansion and take uh take that out, then we need to explore where this could go next.

What this channel has said about $SUGP

Benzinga has only this one call on this stock.

2026-09-15BullishThis one
SUGP is the next stock on our list. Now, we should be familiar with this one because we've traded this one a whole bunch before. We are well aware of how this moves. I know I know this was a penny stock. It's moving into dollar territory today. So, I think we'll we'll take a look at it here. This is a Hong Kong name that has given us opportunity before.
See full history ›
KOL Says