$SMCI - RC -
Added 2023-08-23 12:20:34 +0000 UTCInteresting chart here as we lead up to the $NVDA report, we can see that this hit EXACTLY at the 4.618 Fib, remember earlier, I mentioned that I have never seen a stock extend past this level......and has rejected very aggressively.
Likely in its ABC corrective wave now and it is badly needed.
This has shot up from $34 to $355 in 14 months....a 10 X jump, is this sustainable? of course not.
Comments
Nice chart. Would love to accumulate under $220,$200. Goes $1000+ long term for sure.
Christopher Olson
2023-08-23 12:43:17 +0000 UTC
