SMCI is showing a classic Descending Triangle. Don't miss the move.
Bearish continuation pattern.
SMCI is showing interesting structural developments at $30.1. Price has moved to $30.1 (-3.53%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $23.38, targeting $9.96 with support near $32.59 (R:R 1.46).
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