is a technical buy, page-6

Also, I think it is possibly significant that, having broken through the support level of 80c (closed at 79c), the next day it broke above the right angle line.

Even though we had reached the apex of the triangle, the buyers have not given up pushing the stock higher.

I think that the breakout above the apex and the downward sloping line, at the close on 22 January suggests, a BUY signal and the direction is now to the upside.

Here endth the lesson!

the next day SMY was able to break back above its support level at 80c (and above the right angle line) from its fall through the support level (of 80c) when it closed at 79c