Supermicro Shares Surge Post-Review
This is a news story, published by Yahoo Finance, that relates primarily to Super Micro Computer news.
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SupermicroInvestopedia
•Supermicro Stock Price Levels to Watch After Monday's Near-30% Surge
78% Informative
Super Micro Computer ( SMCI ) shares jumped nearly 30% Monday after the server maker announced that an independent review of its accounting practices found no wrongdoing.
The server maker has reclaimed the lower trendline of a descending broadening formation that has been in play since the stock topped out in early March .
Investors should watch key overhead areas on Supermicro 's weekly chart around $50, $64 , and $ 97 , while monitoring major support levels near $ 30 and $ 23 .
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