SMN 2.90% 71.0¢ structural monitoring systems plc

Ann: Appendix 4C and Quarterly Update, page-59

  1. 3,046 Posts.
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    Hi Folks

    Just a follow up on my previous charting post.

    Very much like todays action , post the last announcement.

    To me it looks like heading into the 0.51 to 0.525 range soonish.. Around that range I expect some profit taking from those that bought in the mid 0.30s. It hard the criticise someone who bought in at 0.36 selling a portion at 0.52 at a 44% profit. So I will be expect a pull back, but that's essential for the next push upward to succeed, need to shake out weak holders.

    I suspect the next intermediate push into the 0.60s, with a pull back the onto the 0,70s.

    Just the way I deal with the market so that I am not surprised by what plays out, As always DYOR.

    I think its just starting to get exciting. good luck folks.

    cheers Lies

 
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