$SMCI
Added 2024-08-28 14:32:13 +0000 UTCHorrific two days for $SMCI, rejecting at the 0.5 Fib before the short attack came out and then delaying their 10k report today is not a good look, the market is certainly spooked and their actions almost confirm the short attacks report on malpractice.
$SMCI need to come out and address this issue asap to help their stock now
A drop from $1228 to $407 today will need answers.
This drop is not somewhere I would be fishing either, there are genuine concerns here now and it was not just the short attack trying to play the downside and upside now I believe.
The 0.78 Fib at $288 is a possibility.
Comments
So glad I didn't play this one, too crazy. The longer I do this (not very long) the more I'm comfortable with slow and steady.
Chris
2024-08-28 15:10:50 +0000 UTCyou have to think they will be removed from the S+P 500 and probably replaced with PLTR
Marty Austin
2024-08-28 15:04:18 +0000 UTC
