SMN 6.47% 65.0¢ structural monitoring systems plc

TA wise the chart looks perfect, nice pull back into long term...

  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    TA wise the chart looks perfect, nice pull back into long term uptrend and bounced on good volume. Cant ask more then that, looks like its onwards and upwards from here.

    With FAA approval not far off id imagine we will see a steady rise from here on. Once FAA approve the technology, Boeing and Airbus will be quick to impliment the technology across their entire aircraft saving them hundreds of millions per year in maintainance.

    WEEKLY CHART


    WEEKLY UP CLOSE



    Nothing but a perfect bounce on volume after a nice pull back in a long term uptrend IMO.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.