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Stock Chart: SMRT!
By Dou  •  November 18, 2013

SMRT

On Monday, SMRT re-test the support at $1.29 and closed at $1.30 with LOW volume of 0.542 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of SMRT: $1.30

Immediate Support of SMRT: $1.29

Currently the prices are resisted by 20/50 days MA at $1.29.

Since 29/Aug/2013, prices have been consolidating between the key support at $1.28 and key resistance at $1.31.

The support at $1.28 is expected to be strong.

We would suggest to buy near $1.28 support if possible since it is unlikely to give way easily. Sell once this support breached with high volume.

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