$SLMT Well now, she's tapping a support level...again. Day chart, candle, Price/Momentum indicator implies that if all things stay the same AND bull traders enter, it could make a momentus swing trade not unlike September 2025. Not a pop and drop condition but rather a 5-7 day run. Now the profit is to the upside but algos and bots are near sighted so they may eliminate the opportunity and break below the support level. No need to do that from a technical perspective but sometimes they do it just to create a large bear wick. They don't need that to pivot but it's a goofy algo and bot coding practice. No one ever said the market was traded on common sense.
Update: And pow, a minute after posting this it's being taken down. Time and money lost. Can't make this stuff up LOL. I only hope it is not AI because if it is, it has no clue which direction the profit is to be made (I'm not a fan of machine trading).
This is not finacial advice. Just my personal opinion. Dont trade on it.