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SMCI - Breaking out of Right Shoulder High
Super Micro Computer, Inc.
Long
SMCI - Breaking out of Right Shoulder High
By Kemsdale
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Dec 18, 2023
2
SMCI is breaking out Right Shoulder high.
This is a very bullish development and the target would be height from the neckline to the head on breakout from the right shoulder.
SMCI is a semiconductor play and overall momentum in this sector is very high right now.
I will go with the break today.
Chart Patterns
Head and Shoulders
Kemsdale
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