I answered your question yesterday on post 72681595. The answer to that question was no although your question has a double negative connotation.
I will clarify. I believe any significant downside has been averted & that significant movements in the share price will be on the upside. If the market wants to try & push this thinly traded stock down, a double bottom is unlikely. If it did occur, any further downside would be minimal & short lived.
From a trading point of view, it is a buy.
SMN technical analysis chart, page-863
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 (20min delay)
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $57.45M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 42.0¢ | 39.0¢ | $22.26K | 55.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.030 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 40.0¢ | 39.5¢ | 6629 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SMN (ASX) Chart |