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Is SMTC positioned for a breakout? Crossed Above 20 Day Moving Average shows up after rallying 8.46%
SMTC finished higher by 8.46% on Tuesday, August 4th, trading 0.5 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 126.28, 123.39 & 121.15, with resistance at 131.41, 133.65 & 136.54.
Current SwingTradeBot Technical Rating of SMTC: B
This might just be the start. See what else showed up for SMTC today.
Read full article here »