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1.30%

38.0¢ structural monitoring systems plc

SMN - Chart, page-53

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JCoure

33,628 Posts.

883

25/05/16

05:26

Post #: 17857439
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Originally posted by cashbacking ↑

My interpretation of the charts.
Personally ill dip my toes in at 1.45 (medium term support), stop loss something like 1.38. and ill load the truck at $1.05 area.
RSI divergence still hasn't broken its daily downtrend so i don't believe the tables have turned bullish yet.
Considering the market is hesitating, no doubt if indexes go south you will see some insto's wind down their % held and that could be the catalyst to bring SMN down through 161.8 extension retrace and get us to the$1.05 mark.
All on the assumption SMN doesn't release news till July (since that is where LT support sits 1st July)

View attachment 185212

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Think 105 is too bearish but agree with ur thrust, I would say 150 is bearish resistance.

Should be up day 2day based on wall st closing tick but it will resume the down trend soon enough, good chance to sell 2day over 180c.

SMN Price at posting: $1.71 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 38.0¢		Change -0.005(1.30%)		Mkt cap ! $51.98M

Open	High	Low	Value	Volume
38.0¢	38.0¢	36.5¢	$5.725K	15.46K

Buyers (Bids)

No.	Vol.	Price($)
1	999	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	4328	1

View Market Depth

No.	Vol.	Price($)
1	999	0.360
1	14084	0.355
1	1428	0.350
1	1470	0.345
2	7499	0.340

Price($)	Vol.	No.
0.385	4328	1
0.395	58053	1
0.400	20500	2
0.410	20000	1
0.420	2500	1

Last trade - 16.10pm 09/05/2024 (20 minute delay)


Last 38.5¢			Change -0.005 ( 1.32 %)
Open	High		Low	Volume
38.5¢	38.5¢		38.5¢	2630
Last updated 14.35pm 09/05/2024 ?

SMN (ASX) Chart