Down but strong; SMTX
SMTX has been coming down for a few days in a row now. Friday it even opened at 3,00 (which was the low of the day)Despite the loss SMTX is showing me at this moment, I'm still confident about the stock; It has made it's up movements on very high volume, and the last 3 days where it came down from 3,50+ to 3,00 the volume was low.
SMTX also opened right at the ascending trendline I have for this stock, and came of strong (3,32) to close above at 3,10. I expect SMTX to go further up today and stay above this ascending trendline...
posted by nikao @ 8:46 AM
1 Comments:
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