SNM Global Holdings (SNMN)

[tecno trader]

Tecno Trader analysis of SNMN short term trend.The price at this point in time is up by a small amount.The MACD at the 12,26 period is currently trending down.The accumulation distribution shows a very minor increase.The money flow on the short term chart is still dropping.We will have to wait and see if these trends change over time.As I have previously stated it may take a while before new highs after such a massive sell off that was in price and volume also.Some those that incurred losses at the peak levels will tend to sell at the breakeven point creating resistance at these price points.This is my viewpoint at this time and doesn't construe a buy or sell in the stock.