SUM 5.88% 18.0¢ summit minerals limited

SUM Chart, page-241

  1. 3,382 Posts.
    lightbulb Created with Sketch. 1178
    Not many charts on a chart thread.

    So, some obvious points to make. Right now, SUM is in the early stages of re-rate and the chart shows the growth. Its moving relatively consistently - higher highs, higher lows. It finished just under ATH from 5 days ago on Friday and looks set to attack that on Monday morning, probably straight off the bat. The RSI shows its strength. The MC (currently 22mill) is everything here along with the SOI, so don't be blinded by SP - it may look impressive but has a long way to go if further rock chip samples and subsequent drilling campaign continue to stoke the fires of positive sentiment.

    People want in - I currently see a Market depth of 12.8 million buy to 400,000 sell, which is a cracking 32:1. As a holder, that's a beautiful sight.

    Don't be in a hurry to sell.

    https://hotcopper.com.au/data/attachments/6248/6248389-c6b7a06625149b12f1df7f5caae037af.jpg
 
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Last
18.0¢
Change
0.010(5.88%)
Mkt cap ! $12.93M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $50.12K 277.5K

Buyers (Bids)

No. Vol. Price($)
1 24999 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 100000 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
SUM (ASX) Chart
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