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Is SMSI gaining bullish strength? Crossed Above 20 Day Moving Average shows up after rising 4.62%
On Friday, July 31st, SMSI moved up 4.62% while volume shrunk to 0.0× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.59, 2.57 & 2.53, with resistance at 2.65, 2.69 & 2.71.
Current SwingTradeBot Technical Rating of SMSI: F
There’s more where that came from. See all of today’s signals for SMSI here.
Read full article here »