$SMCI Ready for Flat Base Breakout?I have an alert set on that resistance line where I’ll look to go long if the market also looks good. There is a big gap from Aug 9 that I think can be filled. However, there is also some resistance apparent around $297 looking back at the 2 big red bars. It looks to me that NASDAQ:SMCI found support at the All Time High AVWAP. See notations on chart.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.