$SUPER MICRO COMPUTER INC(SMCI)$ 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!
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