SMPH - SM Prime Holdings Initiation

Update:

I apologize for the long break. I had a lot on my plate with working full time and moving from my rented apartment to my own home. It took up all my time and energy to generate and post my trading ideas. But now I'm back with a new trading idea.

Analysis:

I'm starting to cover SMPH because of the huge trading volume it had in the last few days. The stock is trading at 34 right now. I'm setting my immediate support for this stock at 33 and its resistance at 38. My target price is 43.50. This is the only stock that I'm watching but I will cover multiple stocks soon as I have the time.
SMPHSupport and Resistance

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