AwesomeAvani

SMCI IS it overextended or hunting for thin air LONG

Long
AwesomeAvani Updated   
BATS:SMCI   Super Micro Computer, Inc.
SMCI is intimate with NVDA and the couple are doing quite well. I got some more at $750 and

2 days ago. Predictive Modeling is suggesting a $1000 price by Tuesday afternoon. That would

be a 33% return in less than a week. The chart shows the bull flag after the reversal out of

the down trend where I bought upon the mass index signaling. The AI indicator suggests

a slowly rising parallel channel with the upper boundary in the $1000 range. It suggests

an interval nano-dip in the premarket on Monday for a buy at the opening bell. I am good with

that. I have high confidence here due to the overall trend strength of AI. Software also

NOW, DDOG,CRM SNOW .......
Trade active:
After a highly volatile week, the price glided into consolidation for the weekend. It needs the rest for sure.

Trade active:
SMCI targets for the trade plan for the upcoming week are linked here

Trade active:
For this stock, this has been an insane week. Who would think that a megacap could move this much in a single week.


Is the insanity going to continue?
Comment:
Yes, SMCI is setting up another long trade
Comment:
Buy the dip now ?
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