Watch These Supermicro Stock Price Levels as 2025 Rebound Continues
Key Takeaways
- Supermicro shares are likely to remain in focus to start the week after the stock led the S&P 500 higher Friday following bullish remarks from analysts at JPMoprgan.
- The price has found buying interest on a pullback to the neckline of an inverse head and shoulders pattern, lifting the RSI back above the 50 threshold in the process and potentially setting the stage for another move higher.
- Investors should watch crucial support levels on Supermicro’s chart around $35 and $26, while also monitoring key resistance levels near $66 and $97.
Super Micro Computer (SMCI) shares are likely to remain in focus to start the week after the stock led the S&P 500 higher Friday following bullish remarks from analysts.
