Looking at the 30m timeframe, SMCI appears to be at the base of a trend channel. Holding at $38 currently, looking for a retrace to $40 by EOB Friday 12/13 to confirm. Could see mid-high $40's by next week if so, but if not could easily tank. Good luck, and let me know where you think it's headed.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.