SMN 1.54% 49.5¢ structural monitoring systems plc

SMN technical analysis chart, page-772

  1. 4,862 Posts.
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    smn_ax04feb22_to_28apr26.png

    Above is the 2 year lr chart....'the canary in the coalmine'......and the close @ 56.5c. on 31/10/23 was spot on indecision level....buy or sell.

    The 4c & 43c. placement triggered a minor sell off.......down to 48c.....a KEY horizontal SUPPORT level on the DAILY, PRIMARY up trend chart.....which was, and has been, respected.

    The relevant rmp @ 73c. was also tested today.


    smn_ax08nov07_to_16sep28.png

    Up side break out would be confirmed by consistent closes above that 98c. level.

    Cheers.
 
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