Technically, the SSM chart looks really healthy.

A new 52w high has been reached so far today, and the price is at close to 4-year highs.

Some resistance can be expected around this $1.80 mark rewinding the chart further out to 2020, but if it can continue grinding through it, $2 and beyond looks odds on.

Not a biggie, but it is good to see a director (Martin Monro) pick up 10k shares on-market at around these levels, after the nice run up.

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.

Director Martin Monro has purchased $23k worth of shares on-market. It continues the recent trend of modest insider buys.

Technically, SSM shares are looking better placed than in quite a while. They have rotated above a double-bottom base established recently on the daily chart, and are also above an area of resistance around 75c.

Coupled with some recent director buying and a windfall refund from the ATO, it won't be surprising if the shares continue to grind higher over the coming months.