Normally I'd be suspicious of an uptrend as long-term as the one that SMG has been in, but back on June 5 it revised its guidance upward, which should help sustain the uptrend. I expect a breakout above resistance sometime soon.
Note
Confirmed upward breakout.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.