📌 SMC Global – Technical View

Trend: Strong short-term reversal; stock has broken out after a consolidation phase. Moving Average: Price is well above 9-EMA, indicating strong momentum continuation. Volume: Sharp spike in volume → confirms genuine breakout, not a fake move. RSI: Around 67–70 zone → strong momentum, not yet extreme. Inference: Momentum-driven move; mild pullbacks towards EMA can act as support. Bias: Bullish (with volatility)