SMCI Bull Trap Complete?

2024년 2월 22일

Follow up to

We're now up to the classic 76 retracement level of a bull trap.

If SMCI is setting up the broad reversal spoken of previously, this should be around the end of the bull trap.

Stops must be taken if we break the 86 fib. Something horrible is liable to happen above there.

2024년 2월 23일

노트

So far so good but sellers have to remain consistent and break the low.

The 76 rejection is textbook bull trap so far.