SNM Global Holdings (SNMN)

[tecno trader]

Tecno Trader current analysis of SNMN trend.If we
go back and display the two year chart we can see
that we had a rapid rise to the peak and a
sharp drop to the bottom.Most shareholders who
acquired shares at that time have lost money.
Pattern looks like a giant pump and dump or
investors/traders got ahead of themselves.
At,this point in time the stock is without
direction.It appears that many investors
have built large positions and will sell
if the price goes up by even a small
amount.Also if the stock continues higher
many well sell at the break even point
dumping more shares on the market.Unless
something big happens it will be a long
time if the highest will be reached
or exceeded.This is just my opinion at
this phase in time and does not construe
a buy or sell on anyones part.