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 had a great run. Despite Covid and despite the great 2022 sell-off, it has continued to climb. However, I now see it reaching the end of its third wave and sadly, I'm seeing a few years of decline. Such a great performer when all else was falling, I will miss it for the foreseeable future.
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...
SMCI Bull flag after cup and handle gives a good risk to reward ratio. Clearly in an uptrend.
SMCI nice and tight, riding the 10 SMA. Just a watch for now, but nice to see under current market circumstances.
$SMCI Looking like it's breakout here showing massive RS in this market. I have a small starter position. Ideas, not investing / trading advice.
Hi traders, It appears that SMCI presents a favorable opportunity for shorts over the course of multiple days. reasons 1. $92-$95 is a huge selling area. 2. The presence of a Gravestone Doji candle in today's market suggests a potential short-selling opportunity. This pattern often indicates that the sellers have taken control of the trend during the...
Looking to play the range break at 85.30 for a quick runup to $100 area. Stop tucked in under the 50 sma at 83.10 for 5% downside risk gives 3R target.
2023 WATCHLIST A series of stocks that i will be monitoring at the beginning of 2023 Here is a new issue from the Computer Hardware Industry. Relative Strength (IBD): 99 IPO: 2007 Sales acceleration: Jun-22: 53% Sep-22: 79% Funds acceleration: Jun-22: 385 Sep-22: 421
**Publishing again because it got taken down by Mods** While this has pulled back recently - it reminds me of a lesson from the great trader William O'Neil and his lesson for the "WALL OF BLUE" 🟦 Not many know this rule, so hope you like it! Wall of blue rule states that when you have 4+ weeks of blue volume bars (blue volume bars = volume when the week close...
$SMCI tightening up after post-earnings gap up on high volume. Good risk-reward for entry, as inside-day candle yesterday allows for tight stop loss to be placed.
I have setup the stock screener to find stocks with MACD just crossing over and detecting a long position. I have several filters setup in the screener and this Friday the 9. September 2022 nothing showed up in the screener except when I tried 4 hours setting. Just Super Micro Computer passed the filters. For this experiment I will then stay on the 4 hour chart...
Tremendous Relative Strength on $SMCI gapping into ATHs few days ago and now pulling back to the top of its previous base. Put in an inside day Friday right around its 21 EMA. Worth keeping an eye on early this week as a pullback buy setup.
$SMCI broke out of a 7 months base on its earnings with sky scraper volume bars. It PB since then on very low vol and is exhibiting strong RS for the last few days. Multiple pocket pivots on this last up move resulting in OBV breaking out before price. One to watch next week.
Falling Wedge Break with Ceiling to the upside of $2 before it hits its first level of resistance. If you like these types of Ideas please like follow and Tip your bartender. by iCantw84it 11.11.21