SUM 4.88% 19.5¢ summit minerals limited

Looking like we should see some green on open this morning.Good...

  1. 418 Posts.
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    Looking like we should see some green on open this morning.

    Good to see the bottom finally in and a strong base forming at these levels, primed for some price sensitive announcements - IMO.

    25c is the first level of resistance we need to test in the coming weeks, any intra day nibbles at this level this week will line SUM up for a break out.

    Even though the previous high was 59c, the true average top with significant volumes was between 43c - 45c. Next level to watch after 25c is around 32c, if we breach either level in a single session/on announcement I'd recommend to buckle up.

    GLTAH
 
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