SMRT: Breakdown from Symmetrical Triangle! Shorting Time?

SMRT broke down from a Symmetrical Triangle, retest the previous triangle support turned resistance but rejected with a Evening Star candlestick reversal pattern. MACD is also in negative territory. SMRT looks good to short now with price target of $1.38.

2015June20-SMRT-800x600

Original Post from My Stocks Investing Journey by Marubozu.

Leave a Reply