SMCI hitting next Golden Genesis fib at $ 1152.72. Last strong bounce was Sister Golden at $ 713.83. Expecting reaction here, like Sisters paying catch.
SMCI is one of my favourite stocks. Unfortunately, earnings weren't the best but one swallow doesn't make a summer. Currently it is testing the upper boundary of this beautiful channel. I would need it to pop out of this channel and get past 880 area and then a retest to that level to start being bullish again (20% position). Another way to play this would...
It's hard to deny this powerful topping pattern in the making. usually, H&S are continuation patterns (contrary to popular belief) unless they are at a top. Which SMCI is. So with that in mind, I will urge extreme caution for the bulls. It is better to be out of the market wishing you were in than in the market wishing you were out.
We go to 800 but not before we test the lower trend line. This stock has so much potential and I will wait to see how price forms
SMCI is following a very even descending resistance line . As per the chart watch out for a breakout and only make an entry upon breakout of this resistance line as per recent earnings its good value at the moment (770 ) to get in and accumulate it can come down to 710 and next support is 670 anything between that value is a very good value to accumulate...
If you haven`t bought the SMCI 10X call: Then analyzing the options chain and the chart patterns of SMCI Super Micro Computer prior to the earnings report this week, I would consider purchasing the 750usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $209.55. If these options prove to be profitable prior to the earnings...
perfect techincal figure, with high volume on SX and lower on head , drastic low volume on right shoulder, a solid neckline, Open interest shows that the funds are shorting SMCI, perfect timing to join the train a price target of 500$ is nice.
Fundamentals: The fundamentals of this stock continue to impress with its accelerating sales and earnings. Earnings stability could be better. Funds continue to pour in, but not the best. Earnings come out today (April 30, 2024). Technicals: Price continues to make HHHL. Let's see if it can make another all-time high.
Going over the SMCI chart longer term looking at where we came from and looking for clues and how to trade going forward.
Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...
4/30/24 - vrockstar - don't see how they "miss" per se but it's more a valuation equation for me. think guide should be bullish bc it's easy to sell upside here. probably better to just buy amd/ nvda though as any "miss" is hard to dip buy, any beat might be distribution event with low follow thru. i'm potentially buying a dip on a bad amd/ amzn print that sucks...
SMCI SHORT entry at 939.65, stop loss at 650.06, two targets down at 610.49 and second target at 360.74 which is too far for a second target but I'll keep adjusting my targets as the graph moves.
Quick chart. Price targets marked. It needs to break over that massive trend otherwise, I'd be careful as a bull. Support is somewhat weak until we reach that 450 level. Bigger support comes in lower at around 236. But both are fairly strong levels. RSI is kind of getting up there and showing signs of maybe this being an exit move to the upside before a...
Will the anchored vWAP of $716.80 on the daily chart for SMCI (anchored from the low on 31st October 2023) be defended after Friday's close dipped beneath it? The 15 minute open at 4am this morning ($747.04) looks like a potential intraday key level at this stage...
A lot of good news baked into the current stock price, looking for a modest cash out of holders to send the stock downwards as technical momentum starts to sours.
Based on the STRAT methodology, it is called MGP or Machine Gun Pivot where Short Sellers will hunt for the many stop loss on each of the day candles on the left! We are talking about another 42% mark my words! LOL! Kaching coming if you are shorting that is. PLEASE this is for educational purpose only. NOT A FINANCIAL ADVICE TO ANYONE! DYDD. LOL.
NASDAQ:SMCI What a breakdown! This is another stock showing a head and shoulder breakdown. A full measured move to the downside is $500, which is a 78.6% retracement and near the 200-day moving average. $650 is the next support level, and if it fails, the volume gap can cause the stock to drop quickly to the $500 area.. I remember analysts were caught up in...
Like NVDA we can fit the various swings of the SMCI rally into Elliot wave and this would imply we're either already at the end of or close to the end of wave 5. Might this have been the "New Paradigm" moment in AI? Could these final spikes be setting up the end of the rallies for the foreseeable future and the start of much larger corrections? The case for...