SMN 2.21% 69.5¢ structural monitoring systems plc

Support Levels, page-1047

  1. 3,061 Posts.
    lightbulb Created with Sketch. 2190
    I'll believe its over when both the 10dma and 20dma are rising. Currently they are both falling.

    I could be wrong, but I doubt it. The last twenty days of action, especially paying someone for run the BOTS etc, is all about picking up sizable volumes at low prices. I don't think that goal is anywhere near complete.

    So I don't think that they are going to pack up shop just yet. They could be waiting for a large red day on the US markets as the S&P has been rising 6 green days in a row. Maybe that's why they are holding off.

    cheers Lies
 
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