Not until they run the price down for the smart money to participate in the upcoming CR. Then we may see the trend turn to the upside.......markets and commodity prices permitting. A big player over the last month or so looks to have been executing the plan nicely. imo
From a TA perspective we have had a break in the rising trendline on the weekly rsi , a break of the support line at .048 and more recently a break in the overall trend. imo
More pain then hopefully some gain .............and a bend of that trend to the upside
SMD Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
