SMN 0.86% 57.5¢ structural monitoring systems plc

Hi TgentCup & handles patterns don't apply when coming off...

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    Hi Tgent

    Cup & handles patterns don't apply when coming off bottom lows. They form once a sizeable start has been made and the retrace long pause forms the cup low.
    Learned in my charting travels. It could still play out but it's not a classical C&H.

    A bit of smoke yesterday, lets hope we see some flames soon, otherwise it's just smoke and mirrors.

    cheers Lies
 
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