SMX 1.37% 37.0¢ security matters limited

SMX.AU - breakout with gap up?, page-14

  1. 806 Posts.
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    Can you elaborate on your chart findings? Genuinely interested. I noticed volume was pretty good compared to most other days.
    Cheers.
    Looks to be making lower highs but has support at 27cents. Not a lot to go on Tom as trading history relatively short. The fact that the stock has pretty much traded above its issue price of 20c indicates majority of holders see a bright future but that’s not a technical indicator just my own perception. Sell down has been lots of small holdings with buyers often looking for parcels of up to 100k shares. I’m trying to be patient as it could be an explosive first quarter in 2019
 
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