SMM (technical)

SMM: Trading Central notes the stock has broken below its key support at $4.15 and accelerated downwards. Furthermore, the daily RSI indicator is capped by a declining trend line, and is still bearish, without showing any reversal signals. In addition, both 20-day and 50-day moving averages are heading downwards. As long as $4.35 is not surpassed, see a likely decline to $4 and $3.9 in extension