SMN 9.24% 65.0¢ structural monitoring systems plc

Double bottom

  1. 2,047 Posts.
    lightbulb Created with Sketch. 378
    Both yesterday & today SMN has double bottomed at $1.34 & if we hold that level tomorrow & break above $1.40 then that technically, will be the first bullish day of trading since the $2.07 top.

    A further break above $1.50 should signal a trend reversal.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.