Riding the AI WaveSuper Micro Computer is building strong bullish momentum, with a gap forming at the $45.00 level. A break through the $67.10 resistance level would confirm further upward movement, pushing the stock toward the daily resistance at $101.40, and eventually the weekly resistance at $122.45. With a favorable 6.21 risk-to-reward ratio, this trade offers a compelling opportunity to capture significant upside while maintaining a stop-loss at $35.70 to manage risk.
As the demand for high-performance computing, AI, and cloud infrastructure continues to grow, SMCI’s leadership in these sectors strengthens its bullish case. The company’s consistent innovation in server and data center solutions positions it well to capture future growth, supporting its trajectory toward the $122.45 target.
NASDAQ:SMCI