DMX Tech is forming a Falling Wedge and currently testing the 20D & 50MA support. Current chart pattern looks bearish:
Goodpack’s chart show a Rising Wedge formation and maybe an Ascending Triangle formation. At the current chart pattern, Goodpack may be coming down to test the wedge support at about at $1.50 to $1.55 level, somewhere near 78.6% FR level. Punching below the 20D MA support is the 1st signal. Next immeidate support is 50D MA.
SMRT has reached 52 weeks high and hitting an important resistance at $2.29. The uptrend is still intact but looks like the upside is very limited unless this $2.29 resistance is broken with huge trading volume. If this resistance is broken, the next resistance is at $2.50 which is 123.6% FR Level.
