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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.