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| SMPH Daily Chart |
NOTES:
- Major trend: Bullish
- Short term trend: Up
- Seller's area: 23.20
- Buyer's area: 21.65
- Indicators are showing strong momentum
Possible scenarios considering the upcoming ex-div date on April 26, 2016
(1) Scenario: Price will return at support level around 21.65/21.30/21.03
(2) Scenario: Price will breakout from ascending triangle
Price went back to 21.74 level after its breakout last Mar 21, 2016. Will it return again after the ex-div date? Let's wait and see. Caveat!
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