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SMCI Bull Trap Complete?

Short
Super Micro Computer, Inc. (BATS:SMCI)  
holeyprofit Updated   
BATS:SMCI   Super Micro Computer, Inc.
Trend Analysis
12
4
trendanalysis
Follow up to
Covering shorts and long 820.

We're now up to the classic 76 retracement level of a bull trap.

If SMCI is setting up the broad reversal spoken of previously, this should be around the end of the bull trap.

Stops must be taken if we break the 86 fib. Something horrible is liable to happen above there.

SMCI: If this is a fake spike, it should end soon.
Comment:
So far so good but sellers have to remain consistent and break the low.

The 76 rejection is textbook bull trap so far.

snapshot
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