On the last Friday, SMCI stock showed clear ABC pattern with decreasing near by 0.618.
However, there were not strong bound with weak buying. So, it is fifty fifty.
It could be start of big 3 wave or just stopping by the support line.
In addition, it depends on Nvidia stock movement.
However, there were not strong bound with weak buying. So, it is fifty fifty.
It could be start of big 3 wave or just stopping by the support line.
In addition, it depends on Nvidia stock movement.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.