SmartMetric Inc (SMME)

[caseytrader]

Two very relevant, week-ending occurrences for SMME, in my opinion:

The news release was a statement on an action taken by the company, and the next step to follow. It clearly explained the reasons behind it, which included why SMME and Bitcoin make sense as partners going forward. These comments were made with substantial trends supporting their claims, rather than made in separate news releases. The company has seen an opportunity beyond their current work and leap-frogged over the banks into the future of digital currency. Well done, Chaya.

The second relevant event today was when the share price finally punched back through the Simple Moving Average ($.17) for the first time since falling through it back in September, and did so with exceptional volume. The next resistance sits is the Exponential Moving Average at 24 cents. That's a pretty good range between the two, so if you missed the chance to grab some more on the drop, there should be time to collect within this range as the price consolidates. This is all just my humble opinion, of course.

Best to all...