SMM 0.00% 18.0¢ summit resources limited

going higher!, page-3

  1. 3,262 Posts.
    Has hit the 36-36.5 area 3 times in past 2 weeks. The first time was an obvious sell point, the next 2 times it hasnt quite had the legs, with the 3rd time only being sold down on lowish volume. If it gets to that 36 area again next week i'd expect it to blow through that and into the 40's.

    The big buyers usually buy early in the week, then cap the stock and accumulate at lower levels. Or thats how i have been reading it of late.

    PDN DYL and SMM all trading at their highs with plenty more to come.

    A close around 35 would be a great sign.

    That said may still be some selling left before big run up, but beginning to doubt that with buy depth building.
 
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