SMM (technical)

SMM : Trading Central notes the stock price remains under pressure below its key resistance at $4.15. Furthermore, the daily RSI indicator has struck against its key 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 $4.15 holds on the upside, likely decline to $3.90 and then to $3.65.