Tuesday, November 01, 2005

SMM - Summit Resources Limited

SMM seems to have settled into a trading range.
It rose from $0.30 to $0.90 odd cents and there seems to be some support around the 50% retracement level of $0.60cents.


Current price is $0.62 -
My plan is to BUY at around $0.57-$0.58 depending on the indexes, and add to my position if it breaks above $0.70 - will post more details when/if I trade this.

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