SMCI. buy or wait?
Should you time the entry or just buy and see what happens. Over a longer time horizon this is a good purchase, but the question is whether the pullback has finished pulling back? SMCI could go to 300 before hitting 600, but I do see it heading to 600+ in the not distant future. Perhaps it is worthwhile to open a small position and worst case if it starts pumping now I won't miss out fully. Only open bigger position if goes lower makes sense to me.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.