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Crossed Above 20 Day Moving Average appears for SMTC after 10.43% move
On Monday, June 22nd, SMTC moved up 10.43% while volume was to 0.9× the usual levels. Multiple bullish signals emerged — Crossed Above 20 DMA, New 52 Week Closing High, New Uptrend & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 166.59, 158.45 & 153.9, with resistance at 179.28, 183.83 & 191.97.
Current SwingTradeBot Technical Rating of SMTC: A
There’s more where that came from. See all of today’s signals for SMTC here.
Read full article here »