Very strong resistance. could be a triple top or a break throughmust wait for bullish confirmation. would not short it unless it breaks the 50 ema. pretty hard trade
SGMR trade ideas
STMDaily: Continues to "look ready", SMA30 curling up. Like the Doji Morning Star reversal. Looks good here.
STMWeekly. Like the way 8.88 zone has been respected. Look to the left to be right. Stage 2 uptrend.
Double Bottom (Bullish)Volume is a big concern here, and if volume can start to spike good long term entry at this level with target price $8.50 stop loss at $5.22.
