SMGR, How low can you go?

http://investpinoy.net/bump-and-run

SMGR breakout lorong channelnya, yang sudah terbentuk sejak juni 2012, SMGR berpotensi melanjutkan penurunan ke level strong suport 13.500.

Bump And Run Pattern
This chart pattern is Bearish in nature which signifies reversal of a current up-trend. The formation occurs when the market trends upward too far and too fast due to excessive speculation. The appearance of this pattern looks like an inverted frying pan.

Posted in: Tecnical Analisis