SMCI long

Aug 26

📊 SMCI Technical Analysis (4H Chart)
SMCI price action has rebounded strongly from the 200-period moving average, confirming it as a key dynamic support zone.

✅ This bounce signals renewed bullish momentum.
🎯 Upside targets to watch:

First target: $46.21

Second target: $49.26

As long as price holds above the 200 MA, the bullish outlook remains intact. A break below would invalidate this setup.

Sep 12

Trade active

🎯 SMCI
First price target of $46.21 successfully reached.
✅ Target 1: Hit
🔄 Awaiting continuation toward next resistance/target zone.
Holding long — setup still valid unless key support breaks.
📌 Stay tuned for the next level!

Oct 2

Trade closed: target reached

💡 SMCI has successfully hit and exceeded the second target of $49.26, supported by strong volume.
📊 While the stock shows potential for further upside with additional targets, I’ve decided to end my trade here and lock in profits.
🔒 Trade closed.