calculating percentage move from history to current trend. If history repeat , final target will be 1200 after healthy pullback
With NASDAQ:SMCI having this shooting star and still a high RSI at 90. Looks like can go to the 745 level pretty quick. Below that you can see a big drop. Could open Tuesday down 100.
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...
exit now at 1k is a valid target i just wish there would be a fait value gap scanner, the entry and exit on FVGs is very clear no other indicators or market structure needed if market breaks out with a FvG
This is the weekly chart of SMCI showing Support and Resistance zones. Weekly charts take a long time to play out. Bookmark this for reference.
The stock market is often a whirlwind of ups and downs, but few stocks exemplify this volatility as much as Super Micro Computer ( NASDAQ:SMCI ) in recent days. With its shares soaring to unprecedented heights before tumbling back down, NASDAQ:SMCI 's journey reflects both the excitement and unpredictability surrounding the artificial intelligence (AI)...
SMCI has recently made a huge spike over the 4.23. The 4.23 is often a good resistance level and prices can retrace as deep as the 1.27 if they make a top there. Trading would be much easier if not for the spike outs, but spike outs do exist. In a spike out we should expect the strongest action of the move and it seeming impossible this won't go higher....
Classic bubble and on the print high 1636 feb 16th from 8.56 to 1077 for no good reason from strong hands to weak hands
Tech Singularity by 2030. AI hardware in parabolic demand.
Hello Traders, SMCI has no mercy on traders who bet on declining price! The stock is rising from high to high and the reward for those who bet on this scenario is unbelievable! Next stop should be around $1000.-, an extended price target is around 1088.-! While the stock has been rising with higher volatility, it needs a drop below 745.- range to call out a "stop"...
This stock price rally for a while since the news of microchip something in the brain of tesla which contributes to the price today now i am looking for a good pullback to entry on this one but either way even tho entrying on this price is still quite looking good there is a risk of it. in techical side of it both tenken sen and kijun sen showing a strong upward...
Hello Traders, SMCI has made new ATH @ $745.17 on Friday! For whom which trade this stock, a great reward ratio! But what to expect ahead? Well, the highs are not supported by increading volume. That means, most traders are invested in this stock. For me, a "danger" situation. But, what do I know? Anyway! A pause of the bull market, should lead to a longer time of...
NASDAQ:SMCI Printing a topping tail and generally, a sign to unload and protect the gains. I would be very careful here as a long and would start to unload.
Hello Traders, SuperMicroComputer, the bull stock, has been making new ATH`s in a row since the impulsive move at $276.- started on January 03! The first time I analyzed this stock was on December 17 and I saw a possible massive breakout to new highs ahead! That is exactly what has happened since then! Yesterday the stock closed at $663.35. The pre-market is now...
Super Micro Computer (NASDAQ: NASDAQ:SMCI ) has been making waves in the stock market, hitting a new all-time high fueled by a remarkable 2023 and a phenomenal earnings report to kick off 2024. As the stock continues its ascent, investors are left wondering if there's still time to climb aboard or if they've missed the boat. Let's delve into the factors driving...
SMCI - Super Micro Computer, Inc. has been on an absolutely incredible run for quite some time. However, the sheer amount of FOMO that has rushed into this stock has literally driven it to the moon on nothing but pure speculation. But that momentum is about to come to an abrupt end! Here soon, you're going to see the buying flip to selling as the shorts start to...
Quick post to observe SMCI. All time highs but fibs to watch. "Super" Micro Computer indeed. Here are other targets/resistances above; =====================================================================================
Big earnings report causing large gap up, price testing an ascending wedge and creating a set up for a failed breakout of the wedge. Two inside bars, with first bear bar being a fairly strong close against the gap within the hour. It will be hard to fight in this market environment (pig market/relentless buying behavior around fed rates... seems to be the theme ...