$SMCI
Added 2024-06-13 11:42:03 +0000 UTC$SMCI continues to be well behaved here and following our ABC projection, in spite of the overwhelming positive attention that $NVDA and $TSM have been getting.
Wave C could be complete at the 0.5 Fib at $629 so a quick flush down to this level could present a solid opportunity.
Fundamentals are still strong here with a healthy growth trajectory.
So let's keep an eye on the 200 Day MA and the 0.5 Fib at $629 for a potential hold and completion of its ABC correction.
Comments
Thank you.
Mustang
2024-06-17 11:20:01 +0000 UTC
