SMN 0.00% 42.0¢ structural monitoring systems plc

Multi time frames. Watching EOD Daily high/lows/close, then...

  1. 4,207 Posts.
    lightbulb Created with Sketch. 650
    Multi time frames. Watching EOD Daily high/lows/close, then using 1hour or 30 min opening range chart for direction, confirmed on 15 min, then entries on 5 min. Watching the DOM and order flow more than anything. The plan was formulated in the last hour of Friday's trading, 1.46 number. which I posted somewhere. I just needed confirmation and that happened yesterday but was a bit dodgy on the close due to low volume. Today's open was slow, managed to get a small position and once the opening range was holding I ending up buying more around 12 o'clock, and a few more a bit later around 3 pm. The market was quite thin till then.

    My trades are nearly always planned out prior the market is opening so all I need to do is execute.By the time my order was filled I was paying 1.56 and still have pending orders lower. Because you know the fundamentals are solid it's a relatively easy trade to do. Simply because if I get caught out holding I know it's just a matter of time. This stock is going to offer near perfect trading opportunities as the trend develops.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.000(0.00%)
Mkt cap ! $57.45M
Open High Low Value Volume
39.0¢ 42.0¢ 39.0¢ $11.22K 28.09K

Buyers (Bids)

No. Vol. Price($)
2 12759 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 5899 1
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
41.0¢
  Change
0.000 ( 3.80 %)
Open High Low Volume
40.0¢ 41.0¢ 40.0¢ 1017
Last updated 15.50pm 17/06/2024 ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.