SMCI is a market-leading stock. As a key player in the AI space, Super Micro is currently an institutional favorite.
Shares tripled in 45 days between April and June, and the stock is finally pulling back.
This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.
Shares tripled in 45 days between April and June, and the stock is finally pulling back.
This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.
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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.