Forum Topics SSM SSM Bull Case

Pinned straw:

Added 10 months ago

My straws from some months ago have played out well after the company reported good earnings.

The shares have now broken above resistance close to $1, and we have also had some encouraging follow through beyond that round number $1 mark over the following few days on higher than normal volume.

The technical set up favours further upside now. The only ceveat is the shares do look short-term overbought on a number of indicators, so some pause for taking a breather or pullback to test the breakout levels around $1 wouldn't be surprising. Successful consolidation above, or a successful test of those levels is actually even more bullish longer-term if it happens.

thunderhead
Added 5 months ago

Service Stream shares continue to perform well, curling up near their 52w highs, and nearly a double looking back a year.

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