SUH's Rising Channel on Weekly Chart: Eyeing 6¢ by June Amid Lla
Eyeing Southern Hemisphere Mining Limited (ASX:SUH) on the charts? The one-day view shows price trading firmly within a rising channel bounded by green trendlines—a bullish pattern signaling higher highs and lows with solid support holding steady. Recent consolidation near the lower channel line (around 3¢) on healthy volume suggests accumulation ahead of a potential breakout, supported by director buying and project catalysts.
Fundamentally, SUH's Llahuin Copper-Gold-Moly Project in Chile is firing on all cylinders: JV partner FMR Resources commenced drilling at the high-priority Southern Porphyry Target (Target K) in February 2026, building on refined targets from surveying activities and strong surface alteration evidence for a large porphyry system. The 2024 RC program delivered promising intercepts over a 2.2km strike, with diamond drilling extensions planned for Q1-Q2 2026 to probe deeper zones—perfect timing for copper demand amid global supply shifts.
Target: 6¢ by approx. June 2026, aligning with upper channel projections if momentum from drilling results and resource updates materialises. Watch for volume surge on breakout—position accordingly!
Fundamentally, SUH's Llahuin Copper-Gold-Moly Project in Chile is firing on all cylinders: JV partner FMR Resources commenced drilling at the high-priority Southern Porphyry Target (Target K) in February 2026, building on refined targets from surveying activities and strong surface alteration evidence for a large porphyry system. The 2024 RC program delivered promising intercepts over a 2.2km strike, with diamond drilling extensions planned for Q1-Q2 2026 to probe deeper zones—perfect timing for copper demand amid global supply shifts.
Target: 6¢ by approx. June 2026, aligning with upper channel projections if momentum from drilling results and resource updates materialises. Watch for volume surge on breakout—position accordingly!
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.