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58.0¢ structural monitoring systems plc

No offence Justbob but you've been very wrong as long as you've...

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oggy0907

1,942 Posts.

21/02/17

21:13

Post #: 22792466
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Originally posted by JUSTBOB ↑

Remember fellas, my post on Feb 16, I suggested that there should be major technical support around $1.15 which is the Fibonacci 61.8% retracement level from the 2 cents low to the $2.99 high.

It is only technical but 61.8% retracements are usually brilliant points for a market reversal.

It is possible for the market to reverse prior to the number when buy orders pile up not wanting to miss out.

Previously on HotCopper I have made 3 predictions & was able to pick the 24/5/16 low of $1.56 as $1.57, the 4/11/16 low of $1.99 as $2.00 & the 17/10/16 low of $2.20 as $2.20 or $2.21.

With the above track record the nominated support of $1.15 should attract a reasonable amount of attention.

If you are wanting to top up your holdings then I would suggest that the time is nigh.

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No offence Justbob but you've been very wrong as long as you've made predictions.
Hang up the TA boots your hopeless.
Good night old boy

SMN Price at posting: $1.24 Sentiment: None Disclosure: Held
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(20min delay)
Last 58.0¢		Change 0.015(2.65%)		Mkt cap ! $79.66M

Open	High	Low	Value	Volume
56.5¢	58.0¢	55.0¢	$18.55K	33.05K

Buyers (Bids)

No.	Vol.	Price($)
1	1320	55.5¢

Sellers (Offers)

Price($)	Vol.	No.
58.0¢	1999	1

View Market Depth

No.	Vol.	Price($)
1	1320	0.555
1	1818	0.550
2	11700	0.540
1	5000	0.535
1	10000	0.530

Price($)	Vol.	No.
0.580	1999	1
0.610	5687	1
0.630	2000	1
0.690	6000	1
0.700	510	1

Last trade - 16.10pm 17/09/2024 (20 minute delay)

SMN (ASX) Chart