Super Micro Computer Q4 Preview: A Swing Trade Setup (Technical Analysis)
SMCISuper Micro Computer(SMCI) Seeking Alpha·2024-08-02 03:25
Pla2na/iStock via Getty Images SMCI stock: a swing-trade opportunity I last covered Super Micro Computer, Inc. (NASDAQ:SMCI) stock about 3 months ago with a SELL rating. As illustrated by the chart below, my last article was titled “Super Micro Computer Hasn't Found the Bottom Yet (Technical Analysis)” and was published on April 24, 2024. SMCI stock prices had just lost over 40% off their peak level at that time. Against this background, I cautioned investors who are tempted to bottom-fishing based on t ...