No. My charting takes in all trades during the day. I am looking at various time charts including intra-day to establish wave movements although, in the end, it is the daily chart that is most commonly used.
My current thought is that a sideways movement will take place until FAA approval takes place although today's move above 88.5c is above the 61.8% retracement of the move from 98c to 73c which indicates the chart formation may become a flat although a triangle is still a possibility.
A move above 98c would be very positive & without approval it could finish up being a running correction.
Time will tell.
SMN Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
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