Super Micro Computer, Inc.
Long
Aggiornato

SMCI - Getting ready for a take off

2 573
SMCI has pulled back from the peaks, now it's trying to catchup with it's peers.


Long anywhere here

Target#1 1000
Target#2 1260

Stop Loss 650, it's little wide but that's the level to invalidate this move.
Trade attivo
Loaded heavy yesterday. AVGO earnings and split news made this as the next bet
Heavy volume from the opening.

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Trade attivo
Target #1 1000 hit with Elon's single tweet.

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Trade attivo
What a move !! but faded quick.
Expecting a pullback upto 850’sh.

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Trade attivo
Added more this morning after reversal confirmation

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Trade attivo
Strong move today

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Trade attivo
Look at this beautiful bull flag and the NASDAQ inclusion news right after the Friday's close. We can see good momentum now. Now, pending catalyst is ' The Split'

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Trade chiuso: stop raggiunto
The Long trade failed miserably with the Semis sell off. This might be the trajectory. if SMCI finds support around 700'sh a relief bounce can happen. If 700 fails, we can see 630'sh

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Nota
Earnings and Split news didn't do much good. Let's see tmrw how this opens and trades. If we loose the 500 level , the next stop would be 380-400sh

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Nota
The worst isn’t over yet imo but we can see a bounce here if no more bad news .
If NVDA continues to slide down, this one follows. More of a macro than technicals.

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