SMN structural monitoring systems plc

"With QUBT, as I suggested in your earlier post when you were...

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    "With QUBT, as I suggested in your earlier post when you were talking about $100, I asked was that before or after filling the 12.24-12.60 gap".

    I didn't answer it as it is evident that a retrace was happening. When I looked at where the income was coming from, I couldn't find any, and that's what changed my sentiment. I cleared around 200k in these stocks before this, so you know.

    NKLA stop loss traded you suggested is right on the edge at 1.21 with an unfiled gap 14-19.. This did move a bit higher before dropping. I am never going to get them all.

    NKLA, I did the same setup with NRXP with a $200 stop loss for a gain of $9871 USD. I think the setup I'm using is similar to a Turtle method. It's a 20-day, 40-day, and 90-day new high, with a volume spike x5 to x9 above normal volume in the past 1 to 6 months and a recent volume cluster in the last 3 days. The win rate % is around 40, so keeping losses small and getting those big moves are key.

    NRXP, using the same method as NKLA with a $200 stop, produced $9800 USD from a position about 5k USD. It was stopped out at $9500 USD last night. It's all in a day's work.



    https://hotcopper.com.au/data/attachments/6722/6722523-ae223080d1dde0750d35cabad03ce528.jpg

    There's no FOMO here. It's just solid trading, going big when it warrants, and keeping risk small.




    Last edited by Patong1: 09/01/25
 
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Last
54.0¢
Change
-0.030(5.26%)
Mkt cap ! $83.37M
Open High Low Value Volume
57.0¢ 57.0¢ 54.0¢ $5.774K 10.49K

Buyers (Bids)

No. Vol. Price($)
1 4999 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 10477 1
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Last trade - 12.41pm 31/07/2025 (20 minute delay) ?
SMN (ASX) Chart
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