$SUPER MICRO COMPUTER INC(SMCI)$ TWO FUTURES Tonight's a turning point. Yesterday, SMCI retraced to just above RSI Swing Indicator with 200 EMA, setting up a potential support line at $36-38 that targets a breakout to $60. But this possibility hangs on the thread of NASDAQ100 annual reconstitution today, with the potential for delisting. Been seeing various interesting comments. Here's my take. SMCI has two possibilities: 1. NASDAQ100 not delisted. SMCI takes off to $60, beforw retracing to $46 to form a new support line for another rebound. Action: no delisting => sell at $55-60 and accumulate when it retraces to mid-$40s. 2. NASDAQ100 delisted. Sends shockwave down to $20s. Expect short-term drama, insignificant compare
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