$SMCI
Added 2024-09-26 16:00:04 +0000 UTC$SMCI is down nearly -15% now after the a WSJ report today was released on the DOJ probe
We can see on the chart now that a clear rejection happened at the 0.618 Fib too at $490....the timing here is impeccable.
Just need to see a lower low here next and a break down to the 0.78 Fib at $290 becomes a high possibility.
Comments
You would only enter if it turns out books are not cooked though, right?
Karl
2024-09-26 21:28:16 +0000 UTCI think it should not be ruled out......it was significantly fallen and if the books are not cooked, it may recover very quickly
Gareth Neary
2024-09-26 16:28:05 +0000 UTCHi Cap! Based on how it has fell, do you think it’s a good stock to keep an eye out for when it reaches the 290 levels and get into?
Raghu G
2024-09-26 16:27:16 +0000 UTC
