SMTC Corp (fka SMTX)

[bitty]

Report out on SMTX - shows Bullish

http://stockpreacher.com/2010/03/12/stock-alert-for-smtc-corp-smtx/

"SMTX is trading above its 13-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.

SMTX is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.

The MACD for SMTX currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0, which implies that the underlying moving averages are trending higher."