$SMCI
Added 2024-12-11 14:50:09 +0000 UTCRight back down to test the 50 Day MA which was the important breakout level with the descending wedge top line.
Price is still above the blue support line and 50 Day MA now too
But needs to hold this level now at $37 if it wants to go to the 200 Day MA at $68.
A lot still depends on $NVDA in this sector, if it can reverse to the upside, all boats should rise together.
