After recapturing its 200 DMA back in March, SMITH MICRO SOFTWARE INC - NASDAQ:SMSI has found itself trading within a define channel between the $2.80 and $3.40ish levels as we can observe from the Daily chart above.
In addition, SMSI also continues to trade above all of its important moving averages 20/50/200 DMA's, which depicts a favorable technical picture.
Moving forward, both investors/traders may want to continue to monitor the action closely in SMSI for if the stock is capable of clearing the $3.50 level, such development would likely trigger its next advance into the $3.90 area and if that figure were to be 'taken out', we suspect that the stock has a 5-handle written all over it.
Nonetheless, SMSI continues to demonstrate favorable technical characteristics and investors/traders may want to put the name front-and-center on their radars.
In addition, SMSI also continues to trade above all of its important moving averages 20/50/200 DMA's, which depicts a favorable technical picture.
Moving forward, both investors/traders may want to continue to monitor the action closely in SMSI for if the stock is capable of clearing the $3.50 level, such development would likely trigger its next advance into the $3.90 area and if that figure were to be 'taken out', we suspect that the stock has a 5-handle written all over it.
Nonetheless, SMSI continues to demonstrate favorable technical characteristics and investors/traders may want to put the name front-and-center on their radars.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.