Hi Folks
After todays action I thought I would revisit the SMN chart.
We seemed to have formed a large two year cup pattern followed by 5 month downward handle. I am reading that todays surge is a signal that the handle has been completed.
I am looking for the SP to move in steps up to the right lip at 1.05. A few days close above that level should see a surge into the breakout zone to begin the upward journey.
Here's hoping.
Just the way I deal with the markets so I am not surprised by what plays out. As always DYOR.
cheers Lies
SMN chart
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 (20min delay)
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Last
55.0¢ |
Change
-0.020(3.51%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 58.5¢ | 53.0¢ | $25.88K | 46.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4518 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 1000 | 1 |
View Market Depth
| Last trade - 15.04pm 04/10/2024 (20 minute delay) ? |
| SMN (ASX) Chart |