$SMCI
Added 2024-04-04 11:51:31 +0000 UTCStarting to see signs of $SMCI being in its corrective wave now.
You'll notice that Wave 3 stopped at the 2.618 Fib exactly at $1080....this is also the level where price rejected on the 26th of March too, making this a lower high.
If we start to see a move down to the 50 Day MA next to $857, we could have a Head and Shoulders pattern here.
I have added in the amber Fib levels to show us where the ABC correction can pull back to, once Wave A is confirmed.
