SMN technical analysis chart, page-403

Hi Folks

We cut a few days from our trip so I am back home charting again.

I had a look at the daily chart initially.

That large gap 0.59 - 0.63 stands out allot when looked at over a period of a year. No action across the gap since May 2022. I initially thought that it was a breakaway gap , but my mind is changing. It may sound crazy to some people , but I would like that gap to be filled soon so that its in the rear view mirror and not bothering me in the view ahead.

That sort of pullback would also give me the anchor (a guide) I need to speculate projections forward. Currently we have a A-Wave 0.30 - 0.73 a B-wave retracement of 38.2% would be 0.565 . Filling the gap. C-wave extention upwards of 23.6% gets to 0.83 and a 38.2% extention targets 0.895.

lets see if the pullback happens and whether it fills the gap.

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

cheers LIes