Watch $28 & $30 levels closely
$Super Micro Computer (SMCI.US)$ The massive volume at open has now slowed significantly. Alot of profit taking at open seems to have run its course, and it currently seems to be consolidating around 27-28, which seems to be a resistance at this point.
We’ll see if this can continue higher. There’s no news to push it up, but given that premarket it was in the 30s its not unreasonable to expect a run up to those levels. Of course it could remain at levels $26-$27 in the absence of more news to push it in either direction.
Reminder to take profits and be fearful when others are greedy.
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reserved Flamingo_92 : Don't be fooled by the company.