@SMCI is 17.86 our next Target

Super micro is a great stock ,i believe in the long run we will see a strong bullish momentum but it seems that time is not now, currently i believe bears are gaining strong momentum and our bearish channel structure also confirm we are heading towards 17.86 which serve as a previous support and also, on our 4hr chart we are trading below 20 day SMA which also confirm a bearish trend continuation :)
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian