Susser ( SUSS) is a non-refining operator of convenience store in Texas and a non-refining motor fuel distributor. This stock is trading up 1.6% at $39.24 in recent trading. Today's Volume: 217,000 Average Volume: 275,705 Volume % Change: 50% >>5 Stocks Pointing to the Right Place at the Right Time From a technical perspective, SUSS is bouncing modestly here right off some near-term support at $38 with decent volume. This move is quickly pushing SUSS within range of triggering a major breakout trade. That trade will hit once SUSS clears some near-term overhead resistance at $39.56 with high volume. At last check, SUSS has hit an intraday high of $39.77 and volume is just a bit below its three-month average volume of 275,000 shares. Traders should now look for long-biased trades in SUSS as long as it's trending above its 50-day at $36.61, and then once it sustains a move or close above $39.56 with volume that's near or above 275,705 shares. If SUSS can trigger that breakout soon, then this stock has a great chance of trending up to $45 in the near future.
Susser Petroleum (SUSP) stock is soaring Monday after Energy Transfer Partners (ETP) agreed to acquire Susser Holdings Corporation (SUSS). ETP will own general partner (GP) interest and incentive distribution rights (IDRs) in its unit Susser Petroleum.