Supermicro Stock Price Levels to Watch After Recent Slump

Key TakeawaysSuper Micro Computer shares moved higher in premarket trading Tuesday after plunging yesterday following news that the stock will be removed from the Nasdaq 100 Index and reports that the company is exploring ways to raise capital. The stock initially ran into selling pressure last week after rallying nearly two-fold from last month’s low to fill a late October gap.Investors should watch major support levels on Supermicro's chart around $26 and $18, while also monitoring crucial resistance leve ...