It is amazing how the price action, when analysed, can give you a similar result when applied in different ways.
Firstly, as previously posted, 61 cents is the 50% correction of the move from 30 cents to 92 cents.
Secondly, the current correction now appears to be forming an A,B,C formation. A wave 92c to 68.5c (23.5c), B wave 68.5 cents to 84c (15.5c), C wave potentially 23.5c if equal to A wave would leave us with a low of 60.5c.
This would indicate that the market is targeting a low of around 61 cents.
I have top up buying orders at both 64c & 61c. The former, in case we do not quite reach the 61c target.
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Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $65.93M |
Open | High | Low | Value | Volume |
47.5¢ | 48.0¢ | 46.5¢ | $6.373K | 13.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17391 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 4648 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17391 | 0.460 |
1 | 5600 | 0.420 |
3 | 19638 | 0.415 |
1 | 1250 | 0.400 |
1 | 15189 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 4648 | 1 |
0.505 | 9591 | 1 |
0.525 | 1375 | 1 |
0.530 | 24999 | 2 |
0.600 | 10000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SMN (ASX) Chart |