SMCI (Super Micro Computer Inc) offers an objective add-on or new short entry on this bounce back to resistance (price & downtrend line) and/or on a break below the 870ish support. My sole swing target remains just above the 355.60 support as previously highlighted on the daily time frame as well as the updated 60-minute chart below. Suggested stops dependent on one’s average entry price(s) relative to their preferred price target(s).
SMCI Super Micro At Resistance 4-16-24
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