Super Micro Computer (SMCI) is strict at $ 34 as the bulls lose steam – collapse or bounce forward?
Super Micro Computer Inc. (NASDAQ: SMCI) in promoting the edge of a knife as a leader of the investor near the $ 34 sign. After a volatile start until 2025, the arrow slipped from its highest level in February, when it was found in the short term about $ 28.35-a level that previously led to a brief recovery ral.
Despite a few days of monotheism, SMCI faces a critical resistance barrier at $ 39.63. Failure to restore this area leaves the bulls vulnerable to another decline of about $ 28.35, and perhaps even the next main support at $ 17.63. Rsi hovers near 45, indicating a neutral momentum to a little decline, while Macd remains in negative lands, indicating the condemnation of the weak to buy.
This lack of bullish momentum comes at a time when the broader technological feelings are cooled. SMCI’s chart structure indicates that the last bounce can be just a deadly reaction unless the high size is closed and the prices are closed decisively for $ 40.
Until then, merchants are closely watched. The upscale collapse of more than $ 39.63 may lead to the restoration of interest and may send the stock climbing about $ 50.25. But without confirmation stronger, the lower resistance path still tends to the bottom.
SMCI at a crossroads – beating or collapsing, the following few sessions can be pivotal.
