$SMCI
Added 2024-10-17 13:06:50 +0000 UTCMy Buy Alert went out yesterday when I saw the price breaking above the $49 level and holding above the 50 Day MA, support is not fully confirmed yet so only 1 Buy has gone in already
I will look to add again once we see that the 0.618 Fib is confirmed to be a support level, so if you missed yesterday's alert, there is still plenty of time to add
I believe there is a route back to the 200 Day MA here at $72, in spite of the questionable audit that needs to complete
All we want to see today is a firm hold above the $49.33 level....which I think should be no issue.
Comments
Fair question.
G4Golf
2024-10-20 04:25:50 +0000 UTCIsn’t this a punt on the outcome of the audit? Isn’t the chart meaningless irrespective of audit conclusion? If there is confirmed fraud, wouldn’t this tank another 70%?
DC
2024-10-17 16:22:00 +0000 UTC
