SMCI is approaching some major levels. All my levels are fib pulls from the yearly and monthly swings. They have been wildly accurate. I have been long since $26 and have fully exited my long today.
We have major confluence from multiple fib pulls at the $76 level. This is a major profit target for longs. This is also a huge short opportunity. I expect SMCI to either dump of $76 or gain and possibly reach $88. I dont see new all time highs in the near future. I believe we will dump down past the $52 level that we have already held on the daily when we gapped up the other day. Let me know if you have questions.
We have major confluence from multiple fib pulls at the $76 level. This is a major profit target for longs. This is also a huge short opportunity. I expect SMCI to either dump of $76 or gain and possibly reach $88. I dont see new all time highs in the near future. I believe we will dump down past the $52 level that we have already held on the daily when we gapped up the other day. Let me know if you have questions.
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