SMCI seems to have nicely retested the OTE level from the Daily MMBM, so my current target levels are the -2/-2.5 standard deviation levels. The image shows my entry levels and potential target prices.
Let’s also analyze the stock fundamentally—why could it go higher?
Fidelity, the third-largest asset manager in the world, initiated a new position in Q4 with 9.6 million shares valued at $460 million USD.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.