Yep ... spot on re. SMY's volatility .... above $4.70 there is the breakout level of $5.50. SMY has pushed through this before and then tested (and held) the downside support at $4.70.
Now, if SMY can punch through $5.50 again (esp. if it makes this level or higher at an end of week close) I would regard that as a very, very positive signal that could herald some strong gains for holders.
Best of luck.
- Forums
- ASX - By Stock
- SMY
- support point
SMY
sally malay mining limited
support point, page-8
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)