Those who criticise attempts to predict market movements usually have no idea of how markets work.
My recent assessment of the SMN chart indicated that there would be support approaching the $1.04 level.
Well, would you believe it, the price dropped to $1.045 then closed at $1.10. Could this actually be technical analysis working?
Support level, page-16
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 (20min delay)
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $68.67M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 50.0¢ | 48.5¢ | $7.837K | 16.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4134 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 14.51pm 10/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |