Jicka

Double bottom and return to the gap

Long
NASDAQ:SMSI   Smith Micro Software, Inc.
After earnings breakout SMSI has returned to the gap with a nice double bottom and just about touching the 200 DMA.

Checkout the declining volume on the monthly which is a great boredom signal, hopefully this beast is now gearing up for round 2 with some sustainable earnings. If so the market will realise the move was real and turn into a superstock.

Full credit to the man and myth himself Jesse Stine.



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