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.
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 active
Loaded heavy yesterday. AVGO earnings and split news made this as the next bet Heavy volume from the opening.
Trade active
Target #1 1000 hit with Elon's single tweet.Trade active
What a move !! but faded quick. Expecting a pullback upto 850’sh.
Trade active
Added more this morning after reversal confirmation Trade active
Strong move todayTrade active
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'Trade closed: stop reached
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'shNote
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 380-400shNote
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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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.