SM can see REVERSAL here!

26 thg 2, 2020

There is a real opportunity here!
SM has taken a beating along with the other major energy players. You can thank Corona virus for causing many of these dumps but i'm looking at the bright side...

Reasons to long:
-Strong weekly support that has seen massive reversals throughout its history
-Weekly divergence on the macd and rsi
-Daily divergence on the macd (Class A)
-Triple bullish divergence on the 4h
- PCZ of crab harmonic pattern (value zone)
-Easy tight stop under resistance, yet high retracing potential

This is not financial advice, please do your own research before opening a position

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