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mansur7

SMCI - Breaking out of Right Shoulder High

Long
Super Micro Computer, Inc. (NASDAQ:SMCI)  
mansur7  
NASDAQ:SMCI   Super Micro Computer, Inc.
Chart Patterns Head and Shoulders
2
0
chartpattern headandshoulders
SMCI is breaking out Right Shoulder high.

This is a very bullish development and the target would be height from the neckline to the head on breakout from the right shoulder.

SMCI is a semiconductor play and overall momentum in this sector is very high right now.

I will go with the break today.

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