SMETRIC 1 May 2021Simple Analysis MYX:SMETRIC
1. Uptrend
2. Sign of accumulation with healthy volume
3. The existence of warrant and penny pricing will attract punters
4. Company involves in cyber securities including block chain technology application
5. Private placement
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Smetric
SMETRICN - Ascending triangle Analysis 🔎: SMETRIC is printing an ascending triangle pattern.
Potential breakout.
Price is approaching the triangle's horizontal resistance.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: fibonacci extension level (1), projected ascending channel resistance.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.