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Is SMTC gaining bullish strength? Crossed Above 20 Day Moving Average shows up after rising 4.23%
On Monday, October 27th, SMTC moved up 4.23% while volume was to 0.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 69.42, 68.19 & 67.27, with resistance at 71.57, 72.49 & 73.72.
Current SwingTradeBot Technical Rating of SMTC: C
Just a sneak peek — check SwingTradeBot.com for the full story on SMTC.
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