Hi Patong.
Normally I like my charts as an indicator of what could play out.
However with SMN for almost 7 months always trading inside the 0.37 to 0.49 range. So for the last 27 weeks we have traded in this range, that's over half a year.
Its Like we are in the Doldrums with no sight of any chance of a wind for half a year. This is a stock that makes a profit albeit a small one.
I have never seen it all my experience over decades seen a stock trade so long in such a flat range. Normally my charting indicators can be useful.
But your right in this case they are unreliable until the wind blows with us or against us. At some stage things must change hopefully before another 27 weeks goes by.
cheers Lies
SMN - Chart, page-1867
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Last
58.0¢ |
Change
-0.025(4.13%) |
Mkt cap ! $79.66M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 58.0¢ | $42.09K | 70.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14997 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 510 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SMN (ASX) Chart |