Thursday, February 20, 2014

SMM (technical)

SMM: Trading Central says the stock price remains under pressure below its key resistance at $4.25. Furthermore, the daily RSI indicator is capped by a declining trend line, and lacks upward momentum. The declining 20-day and 50-day moving averages suggest that the stock still has potential for further decline. As long as $4.25 is not surpassed, likely decline to $3.9 and $3.78 in extension.

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