Going over the SMCI chart longer term looking at where we came from and looking for clues and how to trade going forward.
Going over what happened to SMCi how to read what the market is telling us and keep our bias's out of our trading plan. I dont know what a stock will do, you don't know, nobody knows what a stock will do and its not our job. our job is to take High Reward to Low Risk trades. Let's make sure we Review SMCI and get ready for the next one. Do the hard work. learn to...
This video walks through my thinking on how I take a trade following the price auction after an opening range bar which is wide range and high volume following news catalyst. The examples used are IBM and SMCI from recent earnings news
SMCI: Super Micro Computer, INC This stock trends beautifully. Clean trending patterns perfect for taking demand zones and using your TrendCloud device for buying opportunities! I am definitely adding this stock to my portfolio. Place the TrendCloud System on the 1 hour chart and start accumulating at the crossovers. If you want more info on TrendCloud...