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Trinnisia_Trades

SMT short term bullish

SCOTTISH MORTGAGE INV TRUST ORD GBP0.05 (LSE:SMT)  
Trinnisia_Trades  
LSE:SMT   SCOTTISH MORTGAGE INV TRUST ORD GBP0.05
Technical Indicators Fundamental Analysis Trend Analysis
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indicator fundamental trendanalysis
Scottish Mortgage is currently in bear market.
MACD bullish cross suggest we will try to go towards 200 EMA around 1328 but that is a strong resistance.
RSI is pretty weak. Pesymistic scenario: we test 50 EMA around 1250 and go lower (but 200EMA more likely)
I think SMT will stay in bear market this year
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