Key Price Levels to Watch for Supermicro as Stock Rises

Reported about 7 hours ago

Supermicro's shares rose for the second consecutive day after announcing increased production of its AI data center servers. The stock is approaching critical price levels including resistance around $34.50, $50, and $70, while support levels are at $26 and $18. Following a turbulent year, during which it lost significant value due to accounting concerns, the stock has seen a nearly 40% recovery over the last three months, closing at $31.49.

Source: YAHOO

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