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Is SMHI primed for upward momentum? Expansion Breakout shows up after surging 9.6%
SMHI finished higher by 9.6% on Tuesday, September 16th, trading 2.4 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Expansion Breakout, MACD Bullish Signal Line Cross, 180 Bullish Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 6.69, 6.31 & 6.06, with resistance at 7.32, 7.57 & 7.95.
Current SwingTradeBot Technical Rating of SMHI: C
This might just be the start. See what else showed up for SMHI today.
Read full article here »