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showstopper
Aug 12, 2016 3:00 AM

SUM could be in for a nice bounce Long

Summit Materials, Inc.NYSE

Description

Right at rising wedge trendline support + support from 200dma underneath + MACD curling up.
Doji on a downtrend will need a supporting up candle to confirm the reversal.
A very good R/R to go long at current prices with a stop below close under 200dma.
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