Stock price (today closed) = $1.68
PE = 15.6
Dividend = 4.6%
SMRT is below its 20D and 50D MA and on the down trend. Next immediate supports are at $1.629 & $1.585. My target entry level is below $1.60 for long term investment to collect dividend.
Current Price (today closed) = $2.18
PE = 12
Dividend Yield = 8.3%
I plan to buy this stock as long term investment to collect dividend. It is much better than putting money in the bank.
The stock price may go down trend if 20D and 50D MA support are broken. I plan to start accumulating at $2.10 as my first entry level. $2.07 is a very strong support level as it is a 200D MA support and 50% of the Fibonacci retracement level.
I’d redrawn the Fibonacci support & resistance levels after China Fishery broke the $1.422 resistance. Currently the stock price is testing $1.458 resistance and the volume is picking up. If this resistance is broken, China Fisher has chance to go up to $1.568 and eventually $1.616 (161.8% Fibonacci).