$SMCI
Added 2024-12-19 17:34:04 +0000 UTC$SMCI has been making its way down through the Fib support levels but it has remained on the outside of the wedge as discussed before.
Standard support level to expect is the 0.618 Fib for Wave 2 and that remains at $29.12
It is crucial that support is found before going back into the wedge, otherwise there is enormous weakness being shown.
Hold on the 0.618 Fib implies the start of an impulse Wave 3.
![Noah Productions [NP]](https://samsuka.com/istorage/42432.jpg)