Did Super Micro Computer Stock (SMCI) Peak and Reverse Lower?

The stock market is beginning to swerve up and down here at elevated levels. This has lead to some winners and some losers… and some winners that may be at risk of being losers!Today we look at key semiconductor stock Super Micro Computer Inc (SMCI) and highlight why it could be creating a bearish reversal this month. The chart below is a long-term “monthly” chart so we can see the trend, as well as individual candlesticks. As you can see, the trend is very bullish (lower left to upper right). But the tu ...