All Eyes On You, SMC

Because I haven't posted anything until today, let me make it up to you by posting a second entry. Aside from the breakdown, today was something special because of SMC. After three weeks, was it? SMC resumed trading today. The shares that were offered at 110.33 were also available for trading. Last week, my officemates and I were thinking that SMC would trade above 110. Oh boy, were we in for a surprise! I noticed SMC during the pre-open when I saw Pau's tweet. He said it was retail vs. the big boys. True enough, the postings only bloated up by the open. 

Watching SMC intraday was stressful. It felt like a roller coaster ride. After fighting it out at the open, SMC was able to open at 110 but was immediately met with resistance and was sold down to as low as 108.10. It was then able to rally back to 110 but half an hour later, it was back to 108.10 and even took on a new low of 106.10. Just when you thought it has bottomed out as it was able to rally back to 108 there abouts, it was met with resistance yet again. It broke 106.10, reached a low of 105.70 then boom! It was bought up to close the day near the highs at 109.50.

Of course, the bulls and the bears battled it out at the pre-close too. I wasn't able to take a screen capture of it but around 11:57 am, the bears threatened to close SMC at 106.50! SMC looked like this just before the close: 

So, SMC holders, okay pa rin ba mga puso nyo??