Super Micro Computer ( NASDAQ:SMCI ) has captured the spotlight with a remarkable 9.6% gain in its stock price during Tuesday's trading session. The confluence of factors driving this ascent includes favorable macroeconomic analyses, bullish sentiments from analysts in the memory-chip industry, and the ripple effect from Nvidia's recent announcements at the 2024...
Super Micro deploys the world’s leading semiconductor technology with its line of servers, services and accessories and the shift to next-generation technology, including AI, resulted in better-than-expected guidance. The news has the shares up another 30% extending the rally to new highs and taking the market ballistic. Based on the AI outlook, this trend is in...
NASDAQ:SMH could be a big beneficiary "if" interest rates level out or even start dropping. This Cup w/ Handle formation is also about a 2 year base suggesting that if / when it breaks out, it could have a big run. All TBD. See Notes on chart for more of my thoughts. Ideas, not investing / trading advice. Comments always welcome.
SMCI is reaching again the bottom of its trading channel and there is possibility that it can bounce back again to 300 + levels from here Entry @ 238-245 range SL @ 205 TP @ 300
Analyzing the options chain and the chart patterns of UPWK Upwork prior to the earnings report this week, I would consider purchasing the 330usd strike price Calls with an expiration date of 2023-8-11, for a premium of approximately $24.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Strong uptrend and continue to trend higher. Smci a bullish pattern for next 3 months.
SMCI is a market-leading stock. As a key player in the AI space, Super Micro is currently an institutional favorite. Shares tripled in 45 days between April and June, and the stock is finally pulling back. This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.
buy SMCI at 254 , Target 350. momentum still positive for few months .
SMCI has been on a parabolic bullish move since Start of 2022 It always makes a new highs then establish it as a resistance level , test it multiple times then move on to the new breakout Right now it is on a new resistance level i.e 118 and it can come back to test either 104 or 94 support levels. After retesting 104 or 94 it will make another bull move...
SMCI Super Micro Computer Non-GAAP EPS of $3.26 beats by $0.23, revenue of $1.8B beats by $20M. It confirms the good business run and momentum for its products, despite overall business decline in the sector. It records a rising trend both in revenue and EPS and the valuation looks very attractive. PE 8.7x, Revenue up 59%, ROE 38% EBIT mrg 10% and the stock is...
The price is testing a key level on 19300, where the price has the supply zone . The price bounced on 18850$ How to approach it? Today is a volatility day, so the price could create the spike in order to grab the liquidity and create a bearish impulse ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly...
SMCI - Wave 5 up BUY SIGNAL Find a catalyst , check the news. if there is something position then it could explode into Wave 5 from there next month