Tuesday, December 3, 2013

SMM (technical)

SMM: Trading Central notes the stock price recently broke below its 50-day MA's support, and remains under pressure below its nearest bearish gap on 06/11/2013. Besides, the daily RSI is turning down, and entered its negative territory. As long as $4.62 (the previous high) is not surpassed, look for a new pullback towards $4.15.

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