smse looks like it could take a good bounce off the bottom of .012.
Posted by Ka-Ching on :
SMSE a much more attractive buy now, as we see that it is setting up for a triple-bottom bounce from this .005 area, since the FIRST bottom on OCT. 17.
Fridays' DOJI candle could signal the upturn from here, and I went ahead and grabbed a small position at .0055. I am watching for CONFIRMATION of that upturn, and may go in heavier.
Strong movement is possible from these bottoms, as you can see from the chart attached below.
Also - this company is entering the VOIP market in CHINA, so any contract news in that regard could really light the fire for this stock.