$SMEV Clears Key Resistance Level Ahead of Custodianship PT .25
$SMEV Has been steadily making higher highs and higher lows as it gears towards the closing of the Synergy custodianship in the first week of February.
The stock broke the key resistance level of .0040 and has been churning out the high .0040s almost breaking .0050 3 times now. I suspect once the .0050 is churned out it will begin skipping .0010s as it moves higher and the float thins out and becomes locked up.
Right now whoever is buying 1 mil blocks is on a mission to lock up the float ahead of the custodianship and I have a theory they suspect big plans are in the works.
This is one of my long term plays for 2021 PT .25
The stock broke the key resistance level of .0040 and has been churning out the high .0040s almost breaking .0050 3 times now. I suspect once the .0050 is churned out it will begin skipping .0010s as it moves higher and the float thins out and becomes locked up.
Right now whoever is buying 1 mil blocks is on a mission to lock up the float ahead of the custodianship and I have a theory they suspect big plans are in the works.
This is one of my long term plays for 2021 PT .25
