Super Micro Computer Price Levels to Watch as Stock’s Slump Accelerates
-
Super Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its quarterly results.
-
The stock’s sell-off has continued after breaking down below a descending broadening wedge pattern late last month on above-average volume.
-
Investors should watch important support levels on Super Micro’s chart around $17 and $12, while keeping an eye on key resistance levels near $23 and $30.
Super Micro Computer (SMCI) shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its fiscal…
