Potential short term bounce in SMCI

Will the anchored vWAP of $716.80 on the daily chart for SMCI (anchored from the low on 31st October 2023) be defended after Friday's close dipped beneath it? The 15 minute open at 4am this morning ($747.04) looks like a potential intraday key level at this stage...

取消訂單

Intraday trade did not exceed the key intraday level of $747.04 at any stage during the day, which suggests further weakness in SMCI as the share price continues to test the anchored vWAP. No bullish / short term bounce trade of interest at this stage.

Ivory_Wolf

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