SMCI eyes on 1152: Golden Genesis fib and Sister of last supportSMCI hitting next Golden Genesis fib at $ 1152.72. Last strong bounce was Sister Golden at $ 713.83. Expecting reaction here, like Sisters paying catch.by EuroMotifUpdated 3323
SMCI Super Micro Computer Options Ahead of EarningsIf you haven`t bought the SMCI 10X call: Then analyzing the options chain and the chart patterns of SMCI Super Micro Computer prior to the earnings report this week, I would consider purchasing the 750usd strike price Calls with an expiration date of 2024-8-16, for a premium of approximately $209.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 3
SMCI simple movementSMCI is following a very even descending resistance line . As per the chart watch out for a breakout and only make an entry upon breakout of this resistance line as per recent earnings its good value at the moment (770 ) to get in and accumulate it can come down to 710 and next support is 670 anything between that value is a very good value to accumulate so far the earnings are bullish but technically SMCI is in bear trend so please take care of your stop losses 620 is STOP loss by vortexTradingSolutions3
Super Micro Computer, Inc.: For Growth ReloadedFundamentals: The fundamentals of this stock continue to impress with its accelerating sales and earnings. Earnings stability could be better. Funds continue to pour in, but not the best. Earnings come out today (April 30, 2024). Technicals: Price continues to make HHHL. Let's see if it can make another all-time high. Longby Rocketman2
4/30/24 - $smci - hard to buy print watching to maybe buy dip4/30/24 - vrockstar - don't see how they "miss" per se but it's more a valuation equation for me. think guide should be bullish bc it's easy to sell upside here. probably better to just buy amd/ nvda though as any "miss" is hard to dip buy, any beat might be distribution event with low follow thru. i'm potentially buying a dip on a bad amd/ amzn print that sucks mkt down and this goes sub $700. but don't want to get involved here. by VROCKSTAR0
SMCI SHORTSMCI SHORT entry at 939.65, stop loss at 650.06, two targets down at 610.49 and second target at 360.74 which is too far for a second target but I'll keep adjusting my targets as the graph moves. Shortby TraderMrE1
SMCI Longer Term Analysis Going over the SMCI chart longer term looking at where we came from and looking for clues and how to trade going forward.05:21by BobbyS8135
SUPER MICRO COMPUTER, TINY COMPUTER BIG REJECTION TRENDQuick chart. Price targets marked. It needs to break over that massive trend otherwise, I'd be careful as a bull. Support is somewhat weak until we reach that 450 level. Bigger support comes in lower at around 236. But both are fairly strong levels. RSI is kind of getting up there and showing signs of maybe this being an exit move to the upside before a drop. Yes, there is upside. Short term trend is climbing right to to 930. But honestly, It's really hard to tell, and it might reject at a lower target that is more short term than the 930 mark. 879? Overall remaining neutral because I'm not really sure. Good luck with your decision on the stock! by nicktussing772
Potential short term bounce in SMCIWill the anchored vWAP of $716.80 on the daily chart for SMCI (anchored from the low on 31st October 2023) be defended after Friday's close dipped beneath it? The 15 minute open at 4am this morning ($747.04) looks like a potential intraday key level at this stage... Longby Ivory_WolfUpdated 2
Head and ShouldersA lot of good news baked into the current stock price, looking for a modest cash out of holders to send the stock downwards as technical momentum starts to sours.Shortby Audacity618Updated 119
$SMCI going to plunge further to 417! WHY?Based on the STRAT methodology, it is called MGP or Machine Gun Pivot where Short Sellers will hunt for the many stop loss on each of the day candles on the left! We are talking about another 42% mark my words! LOL! Kaching coming if you are shorting that is. PLEASE this is for educational purpose only. NOT A FINANCIAL ADVICE TO ANYONE! DYDD. LOL.Shortby Silverbullet1215
$SMCI - What a breakdown!NASDAQ:SMCI What a breakdown! This is another stock showing a head and shoulder breakdown. A full measured move to the downside is $500, which is a 78.6% retracement and near the 200-day moving average. $650 is the next support level, and if it fails, the volume gap can cause the stock to drop quickly to the $500 area.. I remember analysts were caught up in AI euphoria on the way up and came out with ridiculous price targets. Just recently Loop capital upgraded their target to $1500. 🤦♂️by PaperBozz0
I Wonder if We've Just Seen AI's "New Paradigm Moment". Like NVDA we can fit the various swings of the SMCI rally into Elliot wave and this would imply we're either already at the end of or close to the end of wave 5. Might this have been the "New Paradigm" moment in AI? Could these final spikes be setting up the end of the rallies for the foreseeable future and the start of much larger corrections? The case for it is good. Extreme over performance of late in these and with the recent legs up being very similar to those of final EW wave 5 spikes. I think the most reasonable way to think of AI stocks now is like Nasdaq of the 1990s. The question would be which year are we in? That makes a big difference. If we were in 1996, we'd still be extremely early in the rally. Following breakouts would lead to even more exceptional upside. If we're in 1999 - it's all about to come crashing down. Given the confluence of sell signals the sensible thing to do is thing of the risk of the rug pull setups now. Easy enough to rejoin the uptrend on a retest if it breaks out. The potential upside moves and later massive mean reversion if AI stocks break out would be a really great opportunity. However, as we stand right now I think it's best to be aware of the potential for a rug pull. So many different things warn us of a potential rug pull. Shortby holeyprofitUpdated 333335
Super Micro Tanks 19% After Failing to Provide Financial ResultsSuper Micro Computer ( NASDAQ:SMCI ) experienced a significant drop in its stock price after failing to provide any preliminary financial results. The data center computer specialist announced the date for its next quarterly earnings report, which is scheduled for release after the market close on April 30. However, unlike in recent quarters, SMCI did not offer an early look at its results. As a result, SMCI stock plunged below a key support level, flashing a huge sell signal. NASDAQ:SMCI is based in San Jose, California, and is better known as Supermicro. The company has been the beneficiary of hyperscale cloud service providers investing in servers for artificial intelligence applications. SMCI stock was added to the S&P 500 last month. In recent years, Super Micro has released preliminary results with the announcement of its quarterly earnings date, including the last two fiscal third quarters. However, this time, the company did not offer any early look at its results. In morning trades on the stock market, SMCI stock's value dived 18% to 757.51. With this move, it gapped below its 50-day moving average line, a key support level, in above-average trading volume. SMCI stock had been holding to that level during the recent market turmoil. Super Micro stock is 19% below its 10-week moving average, which is a sell signal for a longtime winner even if it's just 2% below the 10-week line. On Jan. 19, Super Micro shares skyrocketed 35.9% to close at 423.36 after the company disclosed preliminary results with its fiscal-Q2 earnings report date. That sparked a run that finally peaked at 1,229 on March 8. Analysts are predicting Super Micro earnings of $5.84 a share on sales of $4.01 billion for the fiscal third quarter ended March 31. If this is accurate, it would translate to year-over-year growth of 258% in earnings and 212% in sales.Shortby DEXWireNews3
SMCI back to the 1.618 Fib?As we can see we had a bearish break below the wedge/flag. This is indeed a reversal indicator. We can see this pulling back to either the 1.272 or the 1.618 fibs. Great DCA levels.Shortby The_Gains5
SMCI LONGBullish Context: Monthly uptrend, weekly uptrend Price Position: Near last month low Pattern: price has shaped daily uptrend (higher low and higher high); weekly higher low is set This is an opportunity for LONG play with profit target near previous month high. In order for this setup to work price must first break through synthetic diagonal resistance; in case of pullback bulls must protect last daily low (881) Disclaimer I don't give trading or investing advice, just sharing my thoughts. Longby hermes_trismeUpdated 113
Potential bullflag breakout?Potential bullflag breakout on the daily as well as confluence with an MACD bullish crossover on the daily chart. I'd buy some options here.Longby The_GainsUpdated 1
SMCI Trendline TestSurprising strength on NASDAQ:SMCI today. Coming back to that trendline for its 5th test.Longby TaPlot3
SMCI Strong over short run to $1000 psych but beware!SMCI Strong over short run to $1000 psych but beware! We may make it to $1,100 or about 1,096 where the .618 fib level is from teh recent short term fall, but zooming in the .382 rise to $1000 has a confluence of one of the trend line resistance areas! CandlestickNinjaTV on YTby candlestickninja4
$SMCI setting up with a breakout again after a pullback restNASDAQ:SMCI looks like ready for the next leg up. Decent Call flows. Since the market is very volatile I will be keeping my losses small and quick to exit if I'm wrong. NASDAQ:SMCI Longby jaganjohn3
SMCI, Correction Notice, Price to follow the Money Flow IndexI have always said that Price will follow the Money Flow Index especially when you have Neutral Price Action or a price trending opposite to the MFI; when there is a Strong Divergence contrary to that Price Action I've found that 96% of the time the Price will correct to follow the MFI either up or down. In this SMCI 4 Hr chart you can clearly see one set up from 2 weeks back with a Bullish Divergence on the MFI as the Price was trending relatively Neutral and then all of a sudden the price jumped over the span of 2 days. Now it has gone in the opposite direction with an even stronger Bearish Divergence on the MFI as the price has continued to move higher. Whenever you see these setups it's a critical time to assess your trading strategy and positions and determine how you may wish to adjust your plan. Keep in mind that the longer the divergence the stronger or more likely the correction is to happen.Shortby grahammkUpdated 202029
SMCI CALLExpecting the price to break out from the triangle and retest the ATH of $1200 if $1065 supply area is successfully brokenLongby Jakh_FX2