SMCI back to the 1.618 Fib?
As we can see we had a bearish break below the wedge/flag. This is indeed a reversal indicator. We can see this pulling back to either the 1.272 or the 1.618 fibs.
Great DCA levels.
Great DCA levels.
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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.