$SMCI
Added 2024-11-19 10:44:19 +0000 UTCUp +33% in the PM now after their update to the Nasdaq that they have appointed an auditor.
You would assume that the auditor has preliminary seen the books before agreeing to take on this case....if they have not, this would be a big risk for all involved
The big concern here is if the auditor assesses $SMCI and they too resign from their audit, this would send $SMCI to the graveyard.
But right now, the price is back into the wedge and looks set to continue moving back to the blue line, which is close to where we exited our position.
I would be surprised to see $SMCI break to the upside of the wedge until the audit is complete
Comments
Would love an update if there is one please ..?
YuseeMo
2024-11-22 15:22:28 +0000 UTC
