NVDA just had a bearish crossover of the 20 & 50 MA (Daily chart) Last time we saw this bearish moving average formation was in early August. NVDA proceeded to fall sharply in the coming days. All eyes on the market leader. All eyes on the QQQ. Will the Q’s be the demise of SPY? If Nvidia sees anymore weakness you can be sure it will have other semis...
Light Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals:...
In the whirlwind of AI's rapid ascent, a critical question emerges: Is the hype surrounding AI justified, or are we witnessing a bubble fueled by inflated valuations and limited innovation? Let's delve deep into the AI industry, separating the signal from the noise and providing a sobering reality check. The Super Micro Cautionary Tale The financial woes of...
SMCI has an awfully similar chart to PLTR, both of them hit all time highs, and then crashed. Smci is now at its all time lows and is going to stay there for a bit. PLTR on the other hand, did hit an all time high and also fell. But, it has recovered and is on track to hit all time highs again. I think that SMCI is going to trace the chart of PLTR and go back to...
Upon analyzing the stock SMCI , we observe a significant turning point starting in 2022, following a long period of sideways movement where the stock struggled to break above the $40 level. After this prolonged sideways phase, the stock broke out with a clear upward trend, highlighted by the ascending trendline (green), characterized by higher highs and...
Are semi conductors forming a rounded top or will they bounce on the trend support line? If you are even asking yourself if this is a serious question you are probably already late. get your calls asap. don't wait for the trend line support bc semi conductors are leading the way into AI. looking at the 265 calls sept 27 at the open on monday...
SMCI has lagged NVDA and many other semis. Were now approaching a critical area...its make or break! positive Daily divergence provides some hopes that were close to a near term bounce however after today semiconductor selloff the whole complex was shattered. The fact that SMCI remained green while NVDA was down 10% should be a small win in itself... The...
Super Micro Computer Inc. (SMCI) suffered yet another brutal sell-off following the announcement of a delay in filing its 10-K annual report. This may prove to be a catastrophic one as technically not only did it fail exactly on its 1W MA50 (blue trend-line) but also saw the stock test the bottom of its multi-year parabolic support, the Higher Lows Zone since the...
Super Micro Computer (NASDAQ: SMCI) faced a turbulent week, with its stock plunging 25.8% after the company announced a delay in filing its annual report on Form 10-K with the U.S. Securities and Exchange Commission (SEC). This announcement came just a day after Hindenburg Research, a prominent short-seller, accused the company of accounting irregularities and...
NASDAQ:SMCI delays their 10-K filing for FY2024. The company said that additional time is needed 'to complete the assessment of its internal controls over financial reporting.' Delaying the filing, especially right after Hindenburg’s accusations, raises serious red flags. A $300 target seems like a genuine downside. Disclaimer : This post should NOT be...
This is the price action for SMCI. The stock is currently being hammered. I have clearly discussed the levels where to cover your shorts if you have shorted it. I have done an in depth analysis of SMCI here. Let me know if you have any doubts. NOTE: STAY AWAY FROM THIS
Super Micro Computer Inc. (SMCI) has been trading within a Channel Down pattern since the March 08 2024 High. Even though the trend on a multi-year basis is bullish, short-term investors should have this pattern in mind. Even on the shorter term though, the stock has managed to price a new Lower Low (August 08) at the bottom of the Channel Down and started its...
NASDAQ:SMCI broke the tight daily consolidation to the downside today, confirming a short entry at $600 after losing daily demand. I will keep it on watch tomorrow with any weakness in NASDAQ:SMH and NASDAQ:QQQ for a potential continuation play down to the next daily demand.
We are considering a bullish scenario for SMCI, but it's not time to act just yet. We continue to believe that we are still in Wave (2) and that one more leg down is needed before we can see a surge higher, potentially breaching the all-time high at $1,229. Although the stock has already retraced more than 60% since reaching this ATH, we think there's still room...
Super Micro Computer Inc. (SMCI) is on its strongest 1W green candle since May 22 2023, recovering the 1W MA50 (blue trend-line), which was broken last week amidst the general market panic on a potential economic slowdown. This rebound happens to take place just inside the 2-year Higher Lows Zone that started back in July 2022. The ultimate Support, the 1W MA100...
Super Micro Computer (NASDAQ: NASDAQ:SMCI ), once a darling of the AI investment world, is experiencing a dramatic downturn. The company's stock plummeted after a disappointing earnings report revealed a significant margin squeeze, casting a shadow over its previously rosy outlook. The AI gold rush had propelled Super Micro Computer (NASDAQ: NASDAQ:SMCI ) to...
Hugging the 50 DMA,Large Range. We are in the Fair Value Gap overnight as a write this. Ironically, I have circled Calls above $209.25 for a Move to the 50D at $213.27 Puts below $205.30 for a retest of Mondays open. 200DMA possible
Airbnb (ABNB 🏠) The travel accommodation giant is expected to report an EPS of 0.91 and revenue of 2.73B. With a solid beat rate of 85%, can Airbnb surpass expectations? Last year, they reported an EPS of 0.98 and revenue of 2.48B. Fortinet (FTNT 🔒) Fortinet is projected to deliver an EPS of 0.41 and revenue of 1.40B. Holding a beat rate of 71%, investors are...