Srmx at key resistance Srmx has had a deal of great news behind it as of late. They are producing a product and getting purchase orders. The stock has bottomed out for many months as investors continue to purchase shares. We are now exiting the base, but will have to monitor price as it surges into a previous resistance area at .001. I for one am a long term holder using the fundamentals to keep me feeling confident in the long term prospects of this company. If .001 holds and breaks the next area to watch is .0015-18. The ideal setup is a push above .001 and then a run to .0015-18 area. From here if we can hold above .001 and accumulate, I would anticipate higher prices. Best of luck to those who have been bullish on the company for a long time and welcome to anyone lucky enough to find this gem before it explodes.
SRMX trade ideas
SRMX showing huge increase in volumeAfter the first ever golden cross in its history, SRMX showed a strong increase in price as well as in volume. Average trading volume is around 77 M. Yesterday it was about 3 B.
I think that there is something going on here and it's worth to have it on the watch list for a while. Needless to say, that this stock is very unstable and therefore extremely risky to trade.