Time to Buy AlphaMark Actively Managed Small Cap ETF (SMCP) After The Completion of This Double Top Chart Pattern?

July 16, 2018 - By Palma Niemeyer

The chart of AlphaMark Actively Managed Small Cap ETF (SMCP) shows a double top with $28.46 target or 6.00 % above today’s $26.85 share price. The 9 months chart pattern indicates low risk for the $27.40 million company. It was reported on Jul, 16 by Finviz.com. If the $28.46 price target is reached, the company will be worth $1.64M more. Double tops are rare but powerful chart patterns.

It closed at $26.85 lastly. It is up 12.82% since July 16, 2017 and is uptrending. It has outperformed by 0.25% the S&P500.

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