Hi Folks
The chart below posted on the 7th seems to be playing out as expected. With no real news surfacing until mid too late September a pull back before the news surfaces seems to be on the cards. On both my charts I have the 23.6-38.2% FIB retracements marked which after a rise from 33 to 78.5 these retraces are fairly standard.
The rate of growth of the 10WMA will start to decline (already started to happen) and expect that in 4-6 weeks it will eventually flatten. This is where I would not be surprised if the weekly hi-lo candles cut into the 10WMA. Again fairly normal chart behaviour. Somewhere in the region close to around 60 and the 38.2% retracement FIB
I have included a second update chart for this weeks action.
We shall see? DYOR
cheers Lies
Hi FolksThe chart below posted on the 7th seems to be playing...
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Last
71.0¢ |
Change
0.020(2.90%) |
Mkt cap ! $97.52M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.5¢ | $57.08K | 82.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1190 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 57336 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SMN (ASX) Chart |