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Chart of the Day: SMCI Slips Lower

Chart of the Day: SMCI Slips Lower

Schwab Network · Schwab Network

April 30, 20253m 23s

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Show Notes

Shares of Supermicro (SMCI) are under pressure after the company's preliminary 3Q figures and forward guidance disappointed. Ben Watson takes a look at the technical picture in the short and long-term timeframes. On the 1-year chart, he sees a symmetrical triangle centering around the $43 level.


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