Key Price Levels to Watch for Supermicro After Recent Stock Surge

Reported about 10 hours ago

Supermicro shares surged nearly 80% last week, rebounding from previous turbulence influenced by a compliance plan to avoid Nasdaq delisting and mentions from Nvidia during its earnings call. As the stock continues to recover from significant accounting issues, key resistance levels to monitor include $39, $50, and $64, while a critical support level sits near $23. The stock's recent performance indicates improving momentum, creating potential opportunities for investors.

Source: YAHOO

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