SM: some green lights turning on

SM has been declining since the last time it made a gap down. It has broken the 23.6% Fibonacci Retracement level currently at 38.2% Fibonacci Retracement level. Today, we see a smaller candlestick and price just close with -0.67% It seems that we are near technical rebound? Relatives Strength Index or RSI is now at oversold level at 25. It is also very near our 200-day SMA line. Looks like some indicators are turning green now but nothing strong from our candlestick yet. Monitor, monitor, monitor.

Caveat!

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