Star Group: Upside Still On The Table In This US Energy Play
Star Group(SGU) Seeking Alpha·2024-09-06 21:04
Fentino Intro After digesting Star Group's (NYSE:SGU) recent third-quarter earnings report (announced on the 4th of August), we are standing pat on our bullish rating, which we initiated in April of 2023 and then followed up on in April of this year. Shares are up well over $1 per share since the Q3 earnings release, which consequently has bullish ramifications for the technicals we see below. To this point, bullish share-price action has resulted in a golden cross (crossing over of SGU's 10-week moving ave ...