In accordance with our Independence Day commitment, following is our Technical Analysis of  SM(SM INVESTMENTS CORPORATION)  as of  Oct. 29,  2015.


This is the second  of  our THREE for FREE for this week. (SBS – Non Index Stock and this one SM-Index Stock).


TA-TRT Way – Straight from the Chart





1.   None. We consider Price action between 38.2% and 50% Fibo Levels more on the Neutral rather than the Positive Side.



1.   Price action below 15 EMA & 20 SMA – Bearish Short Term. The stock’s price action below the 15 EMA & 20 SMA shows that it is Bearish on the Short Term.

2.   Price action below 50 SMA – Bearish – Medium Term. The stock’s price action below 50 SMA shows that it is Bearish on the Medium Term.

3.   Price action below 200 SMA – Bearish – Long Term –  The stock’s recent price action below 200 SMA shows that the stock has entered the Bear’s territory.



1.   Consolidation in Symmetrical Triangle Pattern. The stock is presently consolidating in a Symmetrical Triangle Pattern and the price movement within the triangle is starting to tighten.  This could either lead to a Breakout or a Breakdown.



1.   Positive points are things that could work in your favor. Negative points are things that you have to watch out for.

2.   On the opposite side of Pattern Targets are Pattern Failures. In case you decide to take this trade, always remember to set a stop loss based on your established risk tolerance level.

3.   September is a very significant month for us. It was at the same time this year that we introduced Responsible Trading to mainstream social media.  Starting September 1, 2015, since you are already familiar with our caption “TA – The Responsible Trader’s Way – No Hyping, No Bashing, Just Plain Cold Facts” we are changing this to TA – TRT Way – Straight from the Chart.
The Chart and Analysis is presented for educational purposes only and should NEVER BE TAKEN as a RECOMMENDATION to BUY, HOLD, or SELL.
Please trade with CAUTION, please trade with CARE. As always, IT’S YOUR TAKE, IT’S YOUR CALL. IT’S YOUR MONEY AFTER ALL.


Good luck on all your trades.

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