Will SM close the gap this week?

SM is trading at its resistance level closing above the 61.8% Fibonacci Retracement level. The gap that starts at 745 is just a few fluctuations away but 20-day SMA line may try to stop the price to continue moving up. So far no reversal candlestick pattern can be seen. Lets see how the bears will react to the bulls tomorrow.

Caveat!

One Response to Will SM close the gap this week?

  1. […] like SM INVESTMENTS CORPORATION (SM) we are also asking if the gap will be filled this week. Currently price is at the resistance […]

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