SMCI made money for many. I think fair to say people are cashing out. We have a broken trend line and a right shoulder rejecting perfectly at a fib level. I don’t know if we break the neckline with buyers below. However, I do believe we small sell off as people look to cash in on their gains. Followed by a nice bounce with people who are dying to get in. I’m targeting the 900 level.
Comment:
Expecting more weakness.