I know my charts are not pretty and I look pretty stupid a lot of the times. BUT.
I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings.
Meaning... if SMCI follows the cycle we will see a huge dump before the 22nd-23rd of May. Then, after all retail investors are shaken out and people fear the recession/earnings, it will rocket up to make one more all time high run :)
High chance of being wrong but I love to share my ideas with you all! Let me know what you see and lets talk about it.
I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings.
Meaning... if SMCI follows the cycle we will see a huge dump before the 22nd-23rd of May. Then, after all retail investors are shaken out and people fear the recession/earnings, it will rocket up to make one more all time high run :)
High chance of being wrong but I love to share my ideas with you all! Let me know what you see and lets talk about it.
Trade active:
New highs then drop or hit 1,000 then drop?...
A pump before NVidia's earnings is making me concerned
A pump before NVidia's earnings is making me concerned