SamSuka
The Long Investor
The Long Investor

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$SMCI

$SMCI is down -8% in the PM now, further confirming the rejection at the 50 Day MA and the wedge breakout level at $37.80

The green fib support levels are still in play, so we want to see a pull back in 3 waves now to hold between the 0.5 Fib and 0.618 Fib levels between $28-$25.50

A higher low may attract more buyers again for another run up to the 50 Day MA next.

$SMCI

Comments

caught the bounce im done for now

Don Leo

I am thinking to buy higher low to avg out.

Sunja C


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