This ballon looks like it’s running out of air
Be very careful buying the dip on SMCI, there is literally not floor underneath.
There is hardly any support beyond where it’s sitting at the moment. If it fails to bounce here we are talking a drop to the $300 level.
The trend is your friend, I’m afraid that remains to the downside.
Do what’s best for you. This is not financial advice, just my thoughts.
There is hardly any support beyond where it’s sitting at the moment. If it fails to bounce here we are talking a drop to the $300 level.
The trend is your friend, I’m afraid that remains to the downside.
Do what’s best for you. This is not financial advice, just my thoughts.
Trade closed: target reached
Another 30% plus drop. I closed my position today, this was a monster short. I hope you made money with me on this, profits locked in. 
Disclaimer
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.
Disclaimer
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.