Super Micro Computer Inc. (SMCI) is rising over +10% today following the company announcement that it collaborated with Taiwanese authorities to prevent the illicit diversion of server technology to China.
The technical result of such news was that massive rise that reached the Lower Highs trend-line (1) that was initiated on its March 08 2024 All Time High (ATH). A break and 1D candle closing above it, targets the next technical Resistance, the Lower Highs trend-line (2) at $53.50. A rejection though, sets eye on the 1D MA50 (blue trend-line) and a potential contact with it around $32.50.
Notice though how every time the 1D RSI got this overbought since February 2025, the stock pulled-back to its Symmetrical Support.
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The technical result of such news was that massive rise that reached the Lower Highs trend-line (1) that was initiated on its March 08 2024 All Time High (ATH). A break and 1D candle closing above it, targets the next technical Resistance, the Lower Highs trend-line (2) at $53.50. A rejection though, sets eye on the 1D MA50 (blue trend-line) and a potential contact with it around $32.50.
Notice though how every time the 1D RSI got this overbought since February 2025, the stock pulled-back to its Symmetrical Support.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.