1. SMCI experienced a sharp rise from $35 to $120 but failed to sustain gains, falling to $17 due to technical and external pressures. 2. The article examines the potential future price movement of SMCI as it continues to rise. 3. SMCI's core business in high-performance servers and cloud computing remains strong with key customers like Nvidia, AMD, and Intel.
Related Articles
- Snowflake: A Major Reversal Is In The Cards (Technical Analysis, Rating Downgrade)6 months ago
- Affirm: Minimal Gains Expected From Here (Technical Analysis)8 months ago
- Energy Transfer Is Only A Hold For Now (Technical Analysis)9 months ago
- Micron: Bottom Fishing The Buy Signals (Technical Analysis)11 months ago
- AMD: A Pullback Is Imminent (Technical Analysis)11 months ago
- High Yielding Pfizer Looks Bullish (Technical Analysis)about 1 year ago
- S&P 500 Snapshot: Shortened Trading Week Ends With Record High2 months ago
- Don't Bet Your Arm On Arm Stock (Technical Analysis)3 months ago
- The Pullback Is Coming (Technical Analysis)3 months ago
- AMD Stock Continues To Be A No Brainer (Technical Analysis)3 months ago