$SUPER MICRO COMPUTER INC(SMCI

$SUPER MICRO COMPUTER INC(SMCI)$ Chart Idea 💡

NFA.

The trend looks bearish here, could see clearly the repeating pattern of Lower High & Lower Low.

For upcoming days, expect price to reach the supply zone which is marked on the chart below at $49-$50 and maybe a rejection again.

There’s no indication of upwards movement yet, but current support is at $23.

Gonna prepare put set up for this one.

Could this bearish trend lead to further declines, or will we see a surprise reversal? 🤔📉 Let me know your thoughts!

$SUPER MICRO COMPUTER INC(SMCI)$

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acaibowllove
12-04
acaibowllove
Great article, would you like to share it?

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The trend looks bearish here, could see clearly the repeating pattern of Lower High & Lower Low. For upcoming days, expect price to reach the supply zone which is marked on the chart below at $49-$50 and maybe a rejection again. There’s no indication of upwards movement yet, but current support is at $23. Gonna prepare put set up for this one. 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