Where Could This Downtrend Finally End?NuScale Power CorporationBATS:SMRtndmsgodThis post reflects my thoughts on SMR from a cyclical perspective. If we connect the lows from April 2024, September 2024, and April 2025, we can draw a clear uptrend line. Each of those lows occurred after SMR had dropped about 55–58% from the previous high. Currently, the stock has fallen roughly 55% again and is now touching that same trendline. On the 4-hour chart, the RSI has entered the oversold zone, dropping below 30. The RSI readings at each of the past lows were 39, 33, 28, and now it sits at 26. From a cycle standpoint, I believe SMR is approaching a bottom area. If this trendline breaks easily, it could signal a confirmed shift into a downtrend. On the other hand, SMR is under downward pressure from its recent equity offering, and growing skepticism toward the broader AI sector adds further risk. If you follow my post logic, and if you decides to buy here, it’s crucial to exit all positions immediately if the trendline breaks.