Cerca
Prodotti
Comunità
Mercati
Notizie
Broker
Altro
IT
Inizia
Comunità
/
Idee
/
Long way to go from here
Super Micro Computer, Inc.
Short
Long way to go from here
Di WavesInvesting
Segui
Segui
29 lug
7
Festeggia
Festeggia
29 lug
Current situation:
U
US100
:
SMCI
is currently at support level.
Potential scenario: If tomorrow's earnings do not meet expectations, the stock could drop to around $450 in a heartbeat.
Why?
1. The movement that started on 4.03.2024 appears to be an ABC correction, and the stock is currently in wave C of that correction.
2. In an ABC correction, the most common Fibonacci level for wave C is when
Wave C = Wave A = 1 = $446
3. Other indicators, such as MACD, are also indicating a downward trend as expected.
The WavesInvesting indicator is also pointing to the same level as the Fibonacci ratio for its lower channel line.
However, if the earnings turn out to be very good, we may see support at the current level.
Simple question for you: support or down the water slide we go?
chips
correction
fibonnacci
Technical Indicators
SMCI
Trend Analysis
Wave Analysis
WavesInvesting
Segui
Segui
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle
Condizioni d'uso
.