$SMCI broke trendline and closed above the 9 EMA
Hi Traders!
SMCI
has recently demonstrated a positive shift, breaking its downward trendline and concluding last week above the 9 EMA. This bullish trend, if sustained with good volume and the stock maintaining above the $301 level, could potentially propel it towards the $310 region. This movement signifies a notable shift in momentum, meriting close observation for those tracking
SMCI
's trajectory.
SMCI
has recently demonstrated a positive shift, breaking its downward trendline and concluding last week above the 9 EMA. This bullish trend, if sustained with good volume and the stock maintaining above the $301 level, could potentially propel it towards the $310 region. This movement signifies a notable shift in momentum, meriting close observation for those tracking
SMCI
's trajectory.