Up a ridiculous amount barely beating estimates. With the lack of liquidity in the market, this should head right back down to low $40's by next earnings.
There is a chance it can reach ATH before tanking though I doubt it.
SMP looking nice breakdown short setup. All the moving averages clustering beneath it. If it continues it break, it has long way to go. On the option side we would consider $50 September puts
* Trade Criteria *
Date First Found- May 22, 2017
Pattern/Why-Downward momentum short
Entry Target Criteria- Break of $48.33
Exit Target Criteria- $44.13 7 lower
Stop...
