Hi FolksLoved todays announcement , far better than I...

Hi Folks

Loved todays announcement , far better than I anticipated in several critical areas. I think that this is an important turning point and I am much surer of the future and the timelines.

On the back of that, I thought I would take another look at the SMN charts.

I see initially two cup and handle patterns forming.

Initially the shorter (a) cup and handle pattern with cup lips around the 70's
Secondly the longer (b) cup and handle formation at a higher share price, With the cup lips forming around the 1.15s

The good signs from my weekly SMN charts,
* Stoch's turned positive a few weeks back. As the Macd has also turned positive.
* 10WMA has turned upwards and looks likely to cross above the 40WMA in the coming weeks
* there will be some bumps along the way but I am confident that the 70s are in the sights somewhere in the near future. There should be a profit taking pull back to form the first (a) handle pattern. Which is needed for form the upward push toward the (b) cup and handle pattern.

We shall see?

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

cheers Lies