SMSI is forming a pennant on the hourly chart, MFI divergence suggests a downward break, but an upward break would finally get this to the $7.25 target I was talking about a month ago.
No position, just watching this bounce around
No position, just watching this bounce around
Note
Appears it wants to break upwardsNote
Strong upward break, likes it wants $7.25....Note
That went up much quicker than I anticipated, overbought on 2 hr, 1 hr and 15 min charts, expect a pull back.
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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.