On Monday, SMRT re-test the support at $1.505 and closed at $1.51 with LOW volume of 1.29 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of SMRT: $1.515

Immediate Support of SMRT: $1.505

Currently the prices are resisted by 20 days MA at $1.515.

Prices have re-test the support at $1.505 for the past 4 trading sessions which affirms on the strength of the support

The support at $1.505 is expected to be strong.

SMRT has been trending downwards forming a lower high and lower low since Jul 2010, thus we would not suggest anyone to buy this stock for long term holding.

Stock Chart: SMRT! is contributed by : Singapore Stock Information Exchange