Learn more

There are no coincidences in the financial markets. Stocks reverse their trends for a reason. The best traders know this and it’s why they make money. These traders understand that price levels that have been important before can become so again. And if, and when, a stock eventually returns and gets back to one of them, there can be opportunities for low-risk trades. As you can see on the chart of Super Micro Computer, Inc. (NASDAQ:SMCI) the $68.50 level and the $50 level have been important. This is why our team has decided to make it our Stock of the Day. It isn’t a coincidence that Super Mi…

cuu