$SMCI
Added 2024-06-20 11:01:52 +0000 UTCI have been watching $SMCI closely and I like how it has held lately after reclaiming the 0.38 Fib and the 50 Day MA.
The pull back in late April also came close to the 0.5 Fib so it is reasonable to accept that the pull back is complete here for their ABC correction.
So I have Wave 5 at the 3.618 Fib at $1405 if $SMCI is able to make a higher high above $969, which is getting close in the PM now....meaning there is a possible 40% gain still on the table here to my target.
