Super positive view of SMCI
Updated
On the last Friday, SMCI stock showed clear ABC pattern with decreasing near by 0.618.
However, there were not strong bound with weak buying. So, it is fifty fifty.
It could be start of big 3 wave or just stopping by the support line.
In addition, it depends on Nvidia stock movement.
However, there were not strong bound with weak buying. So, it is fifty fifty.
It could be start of big 3 wave or just stopping by the support line.
In addition, it depends on Nvidia stock movement.
Trade closed: stop reached
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