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Is SMSI likely to continue higher? Crossed Above 20 Day Moving Average shows up after gaining 4.02%
SMSI closed up 4.02% on Friday, July 31st, with volume running 0.4× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.49, 2.4 & 2.3, with resistance at 2.68, 2.78 & 2.88.
Current SwingTradeBot Technical Rating of SMSI: F
There’s more where that came from. See all of today’s signals for SMSI here.
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