$SMCI
Added 2024-11-18 14:56:13 +0000 UTCI will keep charting this incase there is anyone still in here
Price has bounced now on the very last Fib level at $17.25, to the exact cent and the price action is testing the blue line now today at $22.70
This is also the level needed to get back into the wedge again.
So converting this level to support is crucial for $SMCI in the short term
Still a lot of risk here but the bounce is likely down to reports that $SMCI may be submitting a proposal to the Nasdaq to avoid delisting....I think traders are milking this more so than investors right now.
Comments
I'm also in, so please keep charting.
jgp63
2024-11-18 18:54:19 +0000 UTCAppreciate this sir. I’m still in, having a tough time selling for a 50% haircut if there’s a chance they can make it out of this predicament in one piece
Ryan Hux
2024-11-18 15:26:10 +0000 UTC
