SMCI What a breakdown! This is another stock showing a head and shoulder breakdown.A full measured move to the downside is $500, which is a 78.6% retracement and near the 200-day moving average.
$650 is the next support level, and if it fails, the volume gap can cause the stock to drop quickly to the $500 area..
I remember analysts were caught up in AI euphoria on the way up and came out with ridiculous price targets. Just recently Loop capital upgraded their target to $1500. 🤦♂️
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。