Trading Ideas for 2026: SMCI - Technical Forecast and Levels

Daily price broke 200 SMA to below for the primary weekly bearish reversal to be started. The price is located near and below 200 SMA trying to cross the support level at 27.21 to below for the primary bearish trend to be continuing. Alternatively, the price will be on ranging waiting for direction of the bearish trend to be continuing or for the bullish trend to be resumed. Recommendation: waiting for direction