SMPH testing the newly found support

SMPH immediately test the newly found support at it fell by 2.65% almost taking away the gains yesterday. But indicators from Ichimoku are still the same with a little bearish sentiment from the Chikou Span. Tenkan Sen is still moving above the Kijun Sen and price hover above the Kumo or Cloud.

RSI or Relative Strength Index is below 60

Caveat!

One Response to SMPH testing the newly found support

  1. […] in an upward trend following the signals brought us by Ichimoku prior to the big rally although the testing of newly found support last Thursday was quite […]

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