$SUPER MICRO COMPUTER INC(SMCI)$ Technically, it has turned around vigorously from the $17 on the daily timeframe with our first target of $43 fast approaching. However, the weekly and monthly timeframes must also turn around, given how quickly the stock has taken off, it will be interesting to observe these patterns take shape and what targets they will lend in the future if and when this happens. For the moment, we expect SMCI to look for $68 within 60 to 90 days.
SMCI Drops After NDX Removal: Can It Recover?
SMCI drops 8% after its removal from NDX.
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Can it recover or head down under $30?
What's your target price for SMCI?
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