AsimMirzaTrader

SSM - Triple Bottom Looking Strong.

Lång
ASX:SSM   SERVICE STREAM LIMITED
SSM broke out of the downtrend line in late June 2021, and rallied and formed a high of $1.030. This indicates its end of the downtrend. The current pull back has retested support and bounced off as of lately and forming a triple bottom pattern which looks quite bullish. I would be targeting the previous high of $1.030 (potential 16% gain) with a hard stop below the triple bottom support at $0.810.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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