ProfitablePattern

$SUM W bottom & bullish symmetrical triangle. Going higher

Long
NYSE:SUM   Summit Materials, Inc
$SUM has been cut in half from 2018 highs. $SUM just printed a W bottom and printing a bullish symmetrical triangle after recent earnings . I am long looking for much higher prices. Expecting a boom in business from infrastructure rebuild coming and perhaps even a wall which will need a lot of basic materials that $SUM produces

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.