SM - on its way to test supply or resistance line

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SM = 290 (+2.7%)

SM formed a white candle with higher high and higher low. Volume biggest since 14 February 2008.

SM seems to have gained momentum and looks to test resistances:
1. 292.5 - recent high
2. 32MA
3. 300 - recent gap down
4. 310 - recent high

Good luck to all SM traders!


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