Eerie parallel between SMCI stock rise and GameStop's crash you need to know
The semiconductor industry is currently carrying the stock market, with some companies recording strong performances. Super Micro Computer (NASDAQ: SMCI) is the strongest of them all, as it breached the $1,000 valuation per stock and recorded a daily RSI above 97, its highest ever.It seems that the sky’s the limit for this stock, but there appears to be an ominous sign among all these gains.Specifically, the sole additional stock to have achieved a daily RSI exceeding 97 was GameStop (NYSE: GME) on January ...