SMC.TO hits C$0.25 pre-market: oversold bounce candidate for short-term upside

SMC.TO hits C$0.25 pre-market: oversold bounce candidate for short-term upside

SMC.TO stock opened pre-market at C$0.25, trading up from yesterday’s close of C$0.03 on a high-volume move. The jump follows a sharp intraday swing that pushed volume to 99,600 shares, roughly 3.26x average volume. For short-term traders we see a classic oversold bounce setup: extreme prior weakness, heavy relative volume, and a nearby resistance band at the recent year high of C$0.46. This report looks at the technical trigger, key ratios, Meyka AI grading and realistic price targets for a measured oversold bounce on the TSX-listed Sulliden Mining Capital Inc.

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