Originally Posted by
Baa_Baa
It's probably too early to say, but whatever, SUM has some lovely chart action going on, bouncing off the 2016 highs and 2018 consolidations before its big run up through June-Oct 2018. Actually, it's definitely too early to say technically, being so far below it's MA's and downtrend lines, but a punter who believes in the FA might see this as the buying opportunity.
Value investing is so scary, bascially defying the golden rules of never buying a downtrend, value investors only ever buy down trends! True contrarians, sticking their convictions up the market, good on them.