SMN 0.00% 58.0¢ structural monitoring systems plc

Game of Thrones, page-29

  1. 2,609 Posts.
    lightbulb Created with Sketch. 472

    Lies, have another read of this report.

    http://a4andtforum.com/wp-content/uploads/2018/10/191100-1-3-A4A-Sept-2018.pdf

    On the last page the report ends with "Royal Flush" If we read between the lines, and look at the chart history over the last 3 years, you
    will notice that SMS is very bullish in the months of July, August & September. Think of this from a seasonal perspective, just like trading live commodities. What is the first and most important aspect of information when trading commodities? Understand the seasonal patterns of every commodity before entering.

    Our Winter months in Australia, June,July & August in America it is the opposite, Summer months of June, July, August.
    Summer months in the American aviation industry could be a time of massive passenger increase requiring more flights. This could also be a time that all aviation airline companies management hit the boardrooms to make changes leading into the next financial year. Financial planning & maintenance scheduling, AD's, SB and FAA approvals etc.

    Whatever the reason, this is what I have notice. I believe that the "Royal Flush" could be finally delivered with an announcement over the months of July to September this year. Look at the SMS chart. Since August 2016, the market has push SMS share price down beautifully to keep within the downward resistance line to a tee. The support line recently adjusted down 0.10 cents to stay within this downtrend resistance line.

    Now I know most holders have lost faith and really don't give a flying bat rogers, due to the lack of silence. Their web page is a shocker, no reports since 2017, basically dead since then. But Mum's the word.

    So all we can do is sit back and wait and watch, as we head into June 2019. Bring on July, and lets watch if the share price kicks through the 3 year resistance line on large volume. This will be the first signal that interest in SMS is finally changing. What happens after that is anyone's guess.

    The downside is huge. If we do not get any substance from management over July, August, & September, then you can bet your bottom dollar the share price we be torched to the downside!.

    There is no mystery with SMS these days, the share price will follow the last three years, if management do not deliver on slamming down the long awaited "Hammer"

    GLTA




 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.