I believe so. Will be looking for confirmation tomorrow. Today put in a lower low and finished green - nice. A higher low tomorrow will be needed to confirm the turnaround, which given the buying interest I suggest is likely.
I was waiting for the touch of the 90 day SMA (at approx. 2.21). It seems there were many doing the same. Larger investors will probably wait for confirmation tomorrow before buying, and buying will once again overtake selling.
Anywhere below $2.30 looks like excellent buying IMO. Might see it again tomorrow or buyers might just have to pay up.
Support Levels, page-15
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $54.72M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $86.35K | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 2559 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SMN (ASX) Chart |