Super Micro Computer Inc. ($SMCI) Tests $798 Support, Eyes $831 Resistance with Significant Price Swing

Shares of Super Micro Computer Inc. ($SMCI) have been on an upward trend over the past year despite a mixed report. The stock is currently testing key levels, with $798 being a recent support level and potential upside to $831. Traders are monitoring the stock for a potential breakout above the 8-day moving average and watching the downtrend closely. Recent trading activity shows a red to green move and a significant price swing of $30 per share, outperforming the SPY index by a wide margin.