SMN structural monitoring systems plc

Wave count, page-6

  1. 4,704 Posts.
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    SMN 15 sep 17 weekly.PNG The lower trendline has acted as support in the past. My thinking is that will be tested again keeping in mind the daily swing low is 1.34 and a break below that would bring 1.20 into play.   Will  1.54 hold. I don't think so.
    Weekly chart displays to inside shooting stars= Bearish.  Weekly chart displays confluence with 18ema @ 1.47 ish and previous weeks low at  1.485 . Plenty to keep an eye on. SMN 15sep17.PNG
 
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Last trade - 11.05am 15/07/2025 (20 minute delay) ?
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