Technicals Talk

Strong technical bounce after the month-long nose dive!

SMPH appears to be in the grip of the bears, steadily marching south.

Seems like the bears are still in control over RLC, dragging the stock price to 15.20.

ICT closed on a positive note yesterday at 353.80.

SM is currently trading within the 807.51-853.12 range.

AEV closed with a modest increase yesterday within the 35.95-39.00 range.

JFC traded higher yesterday with 2.60%, to close at 228.80.

After experiencing a significant rally of as much as 43% and reaching its highest level in 7 years at 4.20, APX’s share price pulled back and entered a consolidation phase.

MBT has broken down from its 50-day EMA support at 67.50 yesterday to close at 65.05, shedding 2.91%.

ALI’s share price plummeted sharply in early April, experiencing a loss of as much as 20% and breaking below

ACEN closed on a red candle after reaching near resistance at 5.10.

DMC traded higher yesterday by 3.55% to close at 11.08.

SMPH is currently trading in a narrow range of 28 – 29.80.

Looking at the chart, WLCON’s price shows a strong upward momentum.

BLOOM is currently bullish, trading between 10.60-10.50.