I expect a substantial move on Seeing Machines this week and in the next months ahead. With the recent RNS the company just entered into a new market of OMS which they are already dominating. SEE is way over conservative in their market share projections. 23% in their OMS figures and 30% in DMS. House broker`s old target is 7.2 on the DMS auto market only with the 30% auto market share. Add OMS 1,5 billion market (23% of it targets to 7.2p itself), add cash generating fleet not included, add Aviation industry potential, add the value of the IP in chips and mobile tech and the wide variety of market application. Conservative target should be anywhere between 30p-£1. A real gem to buy at this price and hold for a short-mid-long term.
My ltf roadmap is also very conservative. There is no doubt the move up to 4.9 was impulsive, and that we have finished correcting here in value and time. The move up is a wave 3 as well, and my target to reach 7-10p in the next weeks ahead is only a x1.6 extension of wave 1. This can over extend easily. Also wave 5 is double topping at 10p, very conservative assuming it will just truncate. The whole structure is a bigger ABC also a conservative approach not assuming it is impulsive overall yet, A wave will finish anywhere above 10p. Then we will see how it develops and whether a new roadmap is needed to target £1.
Don`t need much convincing that these prices are way too cheap for the development ahead of Seeing Machines.
My ltf roadmap is also very conservative. There is no doubt the move up to 4.9 was impulsive, and that we have finished correcting here in value and time. The move up is a wave 3 as well, and my target to reach 7-10p in the next weeks ahead is only a x1.6 extension of wave 1. This can over extend easily. Also wave 5 is double topping at 10p, very conservative assuming it will just truncate. The whole structure is a bigger ABC also a conservative approach not assuming it is impulsive overall yet, A wave will finish anywhere above 10p. Then we will see how it develops and whether a new roadmap is needed to target £1.
Don`t need much convincing that these prices are way too cheap for the development ahead of Seeing Machines.