@SMCI is 17.86 our next Target
Super micro is a great stock ,i believe in the long run we will see a strong bullish momentum but it seems that time is not now, currently i believe bears are gaining strong momentum and our bearish channel structure also confirm we are heading towards 17.86 which serve as a previous support and also, on our 4hr chart we are trading below 20 day SMA which also confirm a bearish trend continuation :)
Disclaimer
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.