jakebabula

ASX:SUV - Primed for jump

Long
ASX:SUV   SUVO STRATEGIC MINERALS LIMITED
I am yet to own any stocks in this company. I stumbled across it by chance and thought I would share what I found.

What we are looking at here is a solid uptrend, which then turned into a consolidation period.

After which, it tested its (0.210) resistance line twice. Before dropping back down to test its (0.125) support line again.

I am thinking this could be a good opportunity to buy in around (0.125) and sell at next peak (0.210).

If price falls a fair amount below (0.125) I wont be interested in the trade.


As always DYOR.
I hope this helps someone :)
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