SUM trade ideas

EBGtrader

A bit of a late entry for me, however still a great short opportunity to lower areas Target @ $40

DEXWireNews

Summit Materials' (NYSE:SUM) five-year earnings growth trails the impressive shareholder returns. Summit Materials, Inc. stock is up an impressive 186% over the last five years. And in the last month, the share price has gained 16%. A Diffe4rent Perspective It's good to see that Summit Materials has rewarded shareholders with a total share holder return of 39% in...

fibonacci6180

Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 27/61.80%

jfsrevg

$SUM reflected intraday RS, wriggling out of its downtrend line. it is one of the few names with a price action supported on its rising 50MA during the December market weakness.

Alexey_Malorodov Updated 

NYSE:SUM Hi traders. Some good paper for you for Monday's intraday trading. What's on the chart: 1. A strong historical level formed on January 22, 2018, you can see it on the senior TF W 2. we approached the level with a big bar, the move is over 3% Scenario: Sell on a breakdown of the 34.06 level Important: friends, trading on the false breakout...

wstander

DeMark 9 month count is exhaustion risk, but it looks strong.

AMSK_Capital Updated 

NYSE:SUM Hi traders. We have some good paper for you for Monday's intraday trading. What's on the chart: 1. A strong historical level formed on January 22, 2018, you can see it on the senior TF W 2. we approached the level with a big bar, the move is over 3% Scenario: Sell on a breakdown of the 34.06 level Important: friends, trading on the false...

billsim000111

SUM daily and hourly watching for a break above 31 with volume

kidthatdid800

SUM below 28 2/26

mroberts1204

Yeah that's pretty pretty pretty good. Nice RS during the recent selloff as well. #allkillernofiller

shkspr

NYSE:SUM Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%

Physik

Multi-month breakout in SUM. Look for continuation. Balance area projection up at $26.

girolamoaloe

SUM - Outperforming Market Composite Aveverage,Leptokurtic Pivot Holding an overall investment the Asset Value at Risk is the worst scenario the price can reach, the worst loss at normal market conditions, before to consider managing the investment into the Balanced Portfolio of Uncorrelated Streams. Details on the chart. - Educational Details Modern...

mohamed.tharwat.elsherief

SUM has bounced off a rising TL with a hammer candlestick and an unusually daily volume. In H1 chart, we have a nice breakout offering good levels for entry and stop loss.

BrandonRodriquez

presonal

Bullishcharts

Entry level $24 = Target price $29 = Stop loss $22.50. Technically the chart is Bullish, but the fundamentals below maybe point to caution. The company has great exposure to the latest boost to construction spending, due to lower interest rates. Short interest 13.51% (high) P/E 133 (high) Average analysts price target $22.46 | Overweight Company...

Trent.klarenbach Updated 

NYSE:SUM SUM looks good for a long above 19.46

KAS109 Updated 

Buy signal here today, low volatility reading. Uptrend with higher low in place. Stop loss less than 10%, swing low @ $16.70. We can see that the long term downtrend has been broken now. 0.2% capital at risk