SMCI. SMCI is currently in a strong rebound within the Bearish zone. However, as the end of May approaches, this momentum is expected to weaken, potentially leading to a downtrend by early June.
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBzS6i7Ev9PdqznFdFGM2x4i3BwGwKKtpXdhCFbJGrSKXN_Z3a9s-t-e1GukDrTyOJJkhOCLMFRPQRbZyO6OHP37K9I8jrCuDOx_W7c4i75tDUWaIMAN6S2qmyQoIBczjrUq2aLBujYszABHoqVkxpGxtDFyC8MAX9dHwkxlsvT_T-zozBvUZPvEsReLzy/s16000/smci.png)
Weekly SMCI Outlook SMCI is currently experiencing a robust rebound within the Bearish zone. However, as we approach the end of May, this rebound momentum is expected to weaken, indicating a potential shift into a downtrend. By early June, SMCI is likely to enter a downtrend, continuing this trajectory through late June to early July. A reversal into a rebound is anticipated around early to mid-July. Given the high likelihood of the rebound ending soon and a downtrend commencing, it would be prudent to consider investment strategies that mitigate downside risk. May 20, 2024 SMCI stock closing price 883.9 -0.45% ◆ [Long-term strategy] The current trend zone is Bearish and Investment position suitable for the trend zone is Sell and Observe. The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a stro