The high volume day (912,000) on 20/04 was halted at the median line. Subsequent attempts to stay above that line and move higher failed. The narrow trading range of $1.98c.- $2.02c. in the first 2 hours on 13/05 suggested a breakout was imminent.
The high volume day (1,100,000), and long red candle, on 19/05 was an ominous warning of further weakness. The failed test of the lower median line, and closing price, on 20/15 was confirmation.
Expect a test of the trigger line @ $1.56c .level this week.
Keep in mind this is an 8 YEAR trend line that will be tested at this price point.
Again, just my whimsical interpretation.
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Last
35.5¢ |
Change
-0.020(5.33%) |
Mkt cap ! $54.81M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 35.5¢ | $74.24K | 201.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19999 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 36792 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| SMN (ASX) Chart |