SMN 5.26% 40.0¢ structural monitoring systems plc

SMN technical analysis chart, page-794

  1. 2,994 Posts.
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    Hi Tgent

    Point noted.

    This is a charting thread so I thought I would contribute a chart.

    Without the news we have all been waiting for, I have anticipated a 1st target area based on FIB's for this slow but steady accumulation. On reaching this area, without news (somewhere is the 79-83c range) I am expecting some profit taking from those weaker holders who bought in at the 30's and 40's, to take some money off the table. So some sort of pull back into the mid 70's. Before the next phase.

    So if I am correct your 59.5c buy should be looking good.

    We shall see?

    cheers Lies

    DYOR


    https://hotcopper.com.au/data/attachments/5745/5745356-18ab899cc1bc6fbfdf0a6da6f5374c3b.jpg

 
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