SMM (technical)

SMM: Trading Central notes the stock price still remains under pressure below its nearest bearish gap on ^ Nov 2013. The daily RSI indicator has struck against a declining trend line. Furthermore, the MT key resistance at $4.62 should also maintain the selling pressure on the stock. Below $4.62, the price is more likely to challenge $4.15. On a breakout, look for a new decline to $3.90.