SMPH knocking on resistance zone

SMPH is knocking on the resistance lines. Both 100- and 200-day SMA lines are currently considered resistances with the addition of the 50% Fibonacci Retracement level. The gap we mention last time has already been filled. In case bulls will not able to break this resistance, our support will be at 17.00 or the 61.8% Fibonacci Retracement level.

Caveat!

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