So far the SMN share price has risen $0.38 from the recent low of $1.34 to the recent high of $1.72. The correction has taken the price down to $1.54. At $1.53 the 50% Fibonacci retracement support level would apply & if broken the more powerful 61.8% Fibonacci support should be strong enough to halt any further decline.
The $0.38 upward move indicates that an initial target of $2.33 would be appropriate before advancing further.
I note that there are currently no buyers at $1.53 or $1.485. Interesting to see what transpires.
It is quite likely that SMN will never trade at these prices again so if you feel inclined to buy you will be obtaining a very good price with little downside risk.
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Last
65.0¢ |
Change
-0.045(6.47%) |
Mkt cap ! $89.28M |
Open | High | Low | Value | Volume |
67.0¢ | 70.0¢ | 65.0¢ | $14.81K | 21.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9178 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9178 | 0.650 |
1 | 10000 | 0.640 |
1 | 1000 | 0.635 |
1 | 8000 | 0.580 |
2 | 12700 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.690 | 5000 | 1 |
0.700 | 6009 | 2 |
0.705 | 10000 | 1 |
0.710 | 33500 | 2 |
0.715 | 12121 | 1 |
Last trade - 15.58pm 06/09/2024 (20 minute delay) ? |
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SMN (ASX) Chart |