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nicktussing77
Apr 27, 2024 6:33 AM

SUPER MICRO COMPUTER, TINY COMPUTER BIG REJECTION TREND 

Super Micro Computer, Inc.NASDAQ

Description

Quick chart.
Price targets marked.
It needs to break over that massive trend otherwise, I'd be careful as a bull.
Support is somewhat weak until we reach that 450 level.
Bigger support comes in lower at around 236.
But both are fairly strong levels.
RSI is kind of getting up there and showing signs of maybe this being an exit move to the upside before a drop.
Yes, there is upside.

Short term trend is climbing right to to 930.
But honestly, It's really hard to tell, and it might reject at a lower target that is more short term than the 930 mark.
879?

Overall remaining neutral because I'm not really sure.
Good luck with your decision on the stock!
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