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SMCI Short Idea

Short
Super Micro Computer, Inc. (NASDAQ:SMCI)  
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NASDAQ:SMCI   Super Micro Computer, Inc.
Trend Analysis Chart Patterns
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3
trendanalysis chartpattern
SMCI has been on a big run since AVGO announced their stock split. It has rallied back up to resist near $928. So far it has failed and I'd expect more downside, but this could definitely be a fakeout and go on to test the 1022 area. Depends on NQ and other semis along with VX.

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Analysis for the Week of 6/17/2024
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