SMN 0.00% 73.5¢ structural monitoring systems plc

Mike Reveley buying 40,088 SMN shares, averaging just under...

  1. 1,898 Posts.
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    Mike Reveley buying 40,088 SMN shares, averaging just under $1.12 should indicate that there should be a positive disclosure in the not too distant future.

    I would think March would be the time as it will fall within the first quarter 2017, as indicated.

    Today there was an attempt to get below the low of $1.07 but failed. This is a positive sign & any trading above today's high of $1.17 should also be taken as a very positive move.

    The RSI (relative strength indicator) & the slow stochastics indicator have both entered oversold territory which should mean a turnaround is imminent.
 
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