SMCI made incredible bearish move due to all recent news in regards company financial. Company will be reporting soon.
I am short term bullish for a gap closure which will be made before reports in order to pump prices before "Breaking Ankles" to the downside.
I am watching for a possible move up to the $46.85 to quickly sell of down to the previous FVP. Once it hits level and depending on reports company might once again slowly run up like Walgreens did.
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Well it is starting a run up after hours. Let's see if tomorrow my calculations do not disappoint.
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