SMCI: Traders look for support as Super Micro stock plunges

SMCI stock chart Therefore, amidst all this, investors are focused on the technicals to find the next potential direction. On the daily chart, we see that the stock has constantly remained above the 100-day and 200-day Exponential Moving Averages (EMA). At the same time, the stock has remained above the crucial support level at $670, its lowest point in April this year. It has also moved above the important support at $740, its lowest swing in June. Additionally, the SMCI stock price has remained between th ...