SMRT share price is currently on down trend as the stock price is trading below 20D, 50D and 200D MA. Also take note that the long term 200D MA trend is sloping down. The next crucial resistance is $1.925 which is the 61.8% Fibonacci Resistance. If SMRT cannot break above this resistance, the down trend will continue.
IndoAgri has a false right shoulder formation in the last analysis and did not breakout from a Inverted Head and Shoulders. Current chart looks like IndoAgri may be forming a Right Shoulder again, or a Double Bottoms with the support at $2.133. The critical resistance is at about $2.30 which is the 38.2% Fibonacci Retracement and also the 50D MA. Breaking this resistance may send IndoAgri stock price to minimum $2.54. Both Inverted Head and Shoulders & Double Bottoms chart patterns are Trend Reversal Bullish Patterns.
GoldenAgri is retracing to test the support after breaking out from the Symmetrical Triangle. If this 50D MA support proved to be reliable, GAR has high chance to meet the breakout price target of $0.825.
Another thing to note: GAR is forming a “Higher High, Higher Low” Uptrend chart pattern.
See previous post on GoldenAgriculture: Breaking out from Symmetrical Triangle.