SUPN

$SUPN looking attractive again. Long term chart is an uptrend. However, there is a massive market crash coming within 12 months. Not worth investing for a possible 10-20% short term gain and a 80% drop around the corner.

$SUPN has a single human trades this stock today?? Geeze. At least we know where the algos are set. Got a .20 spread.

$SUPN correction. GREEN line is next major swing level and red is the next after green.

$SUPN still in uptrend (confirmed at white line end of 2020) with a long sell wick almost touching the bottom of the channel and testing the next major swing level (yellow line). Possible strategy: entry point for 1/3 of position now (stop loss 27.50), 2/3 being $35-$36 level (middle of channel). Save last 1/3 in event of breakout the channel Sell 1/3 if rejected at top of channel AND as it nears the middle of the channel. Red line is next major swing level.

$SUPN in at 29.50 premarket for 1k shares. Hope it doesn’t blowup in my face and break the channel trend.

$SUPN 21SMA above the 34SMA and 50 above 200. This has been pegged down by the algos and is back to the bottom of the upward channel. Buy pre market and any weakness below pre market price tomorrow. Sell at $31 if day/swing trading or hold as there are higher lows on this stock.

$SUPN still down 50% from previous high. Been several years now and is slowly sputtering in a range. Will take forever to regain.

$SUPN if this doesn’t close tomorrow above the 200dma…see ya at $27.

$SUPN this drops hard tomorrow. Volume, price action, and the massive sell candles today….it’s not Tesla so wait for this to hit below $27 then slowly scale in. This stick will have its day, along with many others that are doing this well, but now is not the time.

$SUPN I’ll be scaling back in at $27, 26, and micro nibbles as it goes under 26 and stop buying at $25.