#SMTC $SMTC Analysis

SMTC Key levels:

$35 = Yearly and Biannually demand
$50 = Broken upper channel wedge "Could be retested"
$20 = A cluster og yearly and 6 month demand

#SMTC is trading on a huge yearly and bianually demand where it accumlating more buys. The stock is trading below its 200 SMA and might stall upon retesting it.

Closing below $29 will unlock a zone down to $20 per share.

#smtc #stocks #stockmarket #ahmedmesbah