SMCI trade ideas
Super Micro Computer (SMCI) Down 74% from All-Time High Overview:
Super Micro Computer (SMCI) has dropped 74% from its all-time high, with a maximum drawdown of approximately 86%. This sharp decline raises the question: Is the worst over, or could further downside be ahead?
Fundamental Context:
Despite the drawdown, SMCI remains a leader in the AI server market. Long-term demand for AI-related infrastructure may support future growth.
Market Sentiment:
Investor sentiment around AI and related tech stocks has shifted, contributing to SMCI's recent decline. Broader sector weakness and concerns over growth sustainability may be playing a role.
External Factors:
Broader market conditions, including interest rates, macroeconomic uncertainties, and evolving demand for AI infrastructure, are critical variables influencing the stock.
I F$CKED UP on SMCIWouldn't be fair for me to just post my winnings without showing my losses as well. Here you go, I thought SMCI would go up given some of the internal issues they had and turnaround efforts, but the downward channels seems too strong. Gentle reminder to take positions with the larger trend to avoid getting sucked in and pulled down. I already made winnings on other trades, but learning on past winnings / losers is a big part of trading!
What a cathardic experience! I feel a little cleaner now.....
Best of luck and safe trading! No risk, no reward....
SMCI - Super Micro Computer, Inc.Super Micro Computer, Inc. engages in the distribution and manufacture of information technology solutions and other computer products. Its products include twin solutions, MP servers, GPU and coprocessor, MicroCloud, AMD solutions, power supplies, SuperServer, storage, motherboards, chassis, super workstations, accessories, SuperRack and server management products. The company was founded by Charles Liang, Yih-Shyan Liaw, Sara Liu, and Chiu-Chu Liu Liang in September 1993 and is headquartered in San Jose, CA.
Double bottom?Double Bottom appears to be forming on a bullish FVG with a possible bullish cross over on (Chris Moody) MACD; these confluences allude to a *possible* price reversal. Please wait for confirmations and confluences. Please see chart for key levels. Have a great day.
$SMCI LongI am loving the trendline break on $SMCI. I am in with around 1.5% of my account and already added to the position once. When I trade companies with actual products and high volume, I don't mind going in with 5-7% of my account considering they will never go bankrupt. I also like holding them for a while since the momentum is easily sustained once it gets going.
SMCI is ready for a massive wave 64$Based on Gann's cycle, SMCI holds an interesting level and is ready to start a huge second long wave to 64$ as a first station and then 85$. I don't know what news we will see, but the chart looks very bullish.
Cup & Handle in play imoNeeds to hold 30-32 price range in to the new year and then I think we could have a real panty dropper in January.
PT 50-60 in January
All of this of course assuming we don’t get any more crappy news
SMCI bulls comingsmci has been recently in downtrend but past 2 weeks has formed a bullish weekly candles awith bears unable to take it down. Right now it is sitting on a massive support and volume decreasing which means no sellers left. It has earning coming i believe it is ready to run to 50. I am very bullish here. If company prove its financial results are genuine then it can eaisly run to 100 ,
$SMCI TO $81 inverse head n shoulder pattern Looks like wave 3 about to start soon . Needs to hold $25 area to keep the uptrend going
SMCI H.L ?Price Action has been playing perfectly.
You can clearly see H.H and HLs being formed. We held support one more time.
Is it ready for a new push higher?
SMCI - Golden opportunity sitting right in front of us?We'll have to see how this one plays out but the R:R here is extremely enticing with the upside we've seen as recently as 3 months ago. Will be looking for confirmations but this might be the type of situation where I will add as we get that initial tap - because this zone we're approaching has so much liquidity built in and is primed as support.
Happy Trading :)
SMCI: Bullish Momentum Building Amid Key Resistance?This chart shows the price action of Super Micro Computer (SMCI) stock on a 1-day timeframe. Below is a detailed interpretation based on the elements present in the chart:
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1. Price Action:
Current Price: $34.04, up +1.08% for the day.
The price has been on a downward trend previously but has made a recent "Bullish" move, which is indicated by a rally from the lows.
Resistance Levels:
Around $41.90 and higher at $66.18 (major price zones with previous selling interest).
Support Levels:
Around $33.80 and below at $20 (historical areas where buyers showed interest).
The "Discount" zone highlighted at the lower price levels suggests value buying.
2. Moving Averages:
The orange line represents the 200-day Moving Average around $66.18, which acts as a long-term resistance.
The blue line (possibly the 50-day Moving Average) around $36.52 serves as a more immediate resistance level.
3. Volume Profile:
The Volume Profile (on the right) shows areas where significant trading occurred.
The high-volume nodes around $34.00 and $41.00 indicate key price levels with significant interest.
The low-volume zones above suggest that a breakout might face less resistance.
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4. Indicators:
Relative Strength Index (RSI) - Middle Panel:
The RSI is currently showing a bullish move:
Yellow line: Trending upwards and currently near 46.82 (neutral territory).
A move above 50 signals strength; below 50 is weak.
The recent "Bull" signal suggests potential upward momentum.
MACD (Moving Average Convergence Divergence) - Bottom Panel:
The MACD line (blue) is above the signal line (orange), which is bullish.
Histogram bars: The green bars indicate positive momentum but are starting to flatten, suggesting a slight pause in upward movement.
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Key Observations:
1. Short-Term Bias: Slightly bullish as the indicators (RSI and MACD) are showing momentum shifting upward.
2. Resistance Levels: Watch the $36.52 and $41.90 price zones for possible rejection.
3. Long-Term Resistance: The 200-day Moving Average around $66.18 will likely act as a strong resistance.
4. Volume Support: The price is currently supported around $34, and any drop below could lead to a revisit of the discount area below $30.
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Conclusion:
The stock appears to be attempting a recovery after a strong downward trend. Bulls need to maintain the price above $34.00 and push through $36.52 for confirmation of a reversal. Watch for volume and momentum to confirm further upward moves, while downside risks remain if the price falls below $33.80.
Buy this on panic saleexcellent opportunity to buy shares of a good company profitably, yes, perhaps there are some speculations about the reporting or documents. But I think that supermicro has a strong, stable and serious business
I bet some of you sold hereNothing to see here a GP vwap touch
we liquidated top longers, made everyone fearful and ofc made a full rotation to high volume areas.
ez long
Bearish OverviewNASDAQ:SMCI
What we see hear is support broke, and news are influencing in this stock,
Stock is not only charts or bars but also investors trust to company,
However my forecast is up until next financial report and cleaning all bad news this stock may face volatility but has a good future based on it's last performance.
(Blue lines are lower lows)
Please share your ideas.
Thanks
Stock Of The Day / 12.02.24 / SMCI12.02.2024 / NASDAQ:SMCI
Fundamentals. Positive news - the special committee found no evidence of misconduct.
Technical analysis.
Daily chart. Strong day level 40.0 is ahead. This level was held and confirmed by touches and false breakouts for several months.
Premarket. High premarket volume. Gap Up.
Trading Session. The first reaction at the level is a clear rebound at 10:40 a.m., then a pullback on downward volumes. 11:18 a.m. false breakout of 40.0 level, then a very small pullback on decreasing volumes and a quick return to the level. We are considering long trade.
Trading scenario: breakout of level 40,0.
Entry: 40.40 breakout and holding behind the level.
Stop: 39.59 we hide it behind the low of the breakout candle.
Exit: Close part of the position around 43.7 when signs of weakness in the uptrend appear. Close the position around 42.74 after an unsuccessful attempt to update the high of the day.
Risk Rewards: 1/4
SMCI: A Sleeping Monster Ready to AwakenSuper Micro Computer, Inc. (SMCI) has recently shown a notable pullback, presenting what I believe to be a massive opportunity. Despite the stock’s short-term volatility, SMCI remains a sleeping monster with huge upside potential in my view.
The recent decline toward the $35 mark (down from $50 earlier this week) can be largely attributed to two factors:
Delisting from the NASDAQ100: This fueled a wave of shorting, as traders capitalized on the news—something we’ve seen happen with this stock in the past.
Profit-Taking: Let’s not forget SMCI delivered a 180% revenue increase in just 24 days. A retracement following such explosive moves is not only expected but healthy for future growth.
Please also keep in mind that the weight of SMCI on the NASDAQ100 was only 0.13% of the entire index. This means that by buying one contract of NASDAQ100, only 0.13% of your capital was allocated to SMCI. In simple terms, the delisting is practically irrelevant, as its small weight doesn’t have a significant impact on the stock’s true value or long-term potential.
While many are cautious, I remain extremely bullish on SMCI’s long-term prospects. In the short term, I will take a conservative approach, expecting the stock to reach $54, which represents an impressive 54% increase from the current price.
Looking further ahead, my longer-term target is $75, as I believe this undervalued stock still has plenty of room to run.
If history has taught us anything, it’s that SMCI has a habit of bouncing back stronger after periods of uncertainty—and this recent dip is no different. The upside potential is massive.
Let the traders short, let the market shake weak hands—opportunity is knocking for those with patience and vision!!
This is not financial advice, just my personal view!!
$SMCI slippy downside; $29 targetWith the rebalancing of NASDAQ, removal of NASDAQ:SMCI after it got a pump from it submitting financial reports to keep it from being delisted the big dogs realize this fraudulent company isn’t worth the risk, investment and headache. I expect below $30. Easily can be down 5% this week and that’s modest. Official date is December 23rd. I will be entering $30p for a swing. There was tons of buying at sub $20’s. There will be tons of selling here. How do people invest in a company who can’t report on time, falsify numbers, auditing team quits on them? Sometimes you don’t play the charts, you play the god damn news. Look at NYSE:UNH , look at my past post & chart. That thing got smoked. NASDAQ:MRNA is next.
WALLSTREETLOSER
SUPERMICRO COMPUTERS $SMCI |SUPERMICRO TO SUPER BEARISH Dec13'24SUPERMICRO COMPUTERS NASDAQ:SMCI | SUPERMICRO TO SUPER BEARISH Dec13'24
When to enter NASDAQ:SMCI :
NASDAQ:SMCI BUY/LONG ZONE (GREEN): $39.00 - $48.00
NASDAQ:SMCI DO NOT TRADE/DNT ZONE (WHITE): $34.85 - $39.00
NASDAQ:SMCI SELL/SHORT ZONE (RED): $18.50 - $34.85
NASDAQ:SMCI Trends:
NASDAQ:SMCI Weekly Trend: Bearish
NASDAQ:SMCI Daily Trend: Bearish
NASDAQ:SMCI 4H Trend: Bearish
NASDAQ:SMCI 1H Trend: Bearish
NASDAQ:SMCI has been spiraling downwards for weeks. We finally saw price come to life just this past month, but the bearish trend has continued. The break below 40.00 confirmed the bearish trend for me, and I will look to see price either continue below 34.85 or try to create some type of support here. Bulls should be eyeing a break above the 39 - 40 level to try to gain some momentum. My trend indicators are also all pointing to the downside.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Upward channel forming SMCI....$50 targetBeing keeping an eye on this nice set-up and it looks like it's developing a nice upward channel. Could come down to 30ish, but has a decent upside to the next consolidation level at 50. This one looks like it will go quick...lock and loaded!
@SMCI is 17.86 our next TargetSuper micro is a great stock ,i believe in the long run we will see a strong bullish momentum but it seems that time is not now, currently i believe bears are gaining strong momentum and our bearish channel structure also confirm we are heading towards 17.86 which serve as a previous support and also, on our 4hr chart we are trading below 20 day SMA which also confirm a bearish trend continuation :)
Super Micro Computer (SMCI): Is This the Greatest Comeback?Could this truly be the greatest comeback of 2024 & 2025? The decision for NASDAQ:SMCI is imminent, and it’s crucial to remain open to all potential scenarios.
Over the past month, NASDAQ:SMCI has risen by an impressive 83% and is now trading just below a significant resistance level. Flipping this resistance would mark the first shift from a bearish to a bullish structure since the beginning of the decline. Such a reclaim would also indicate a remarkable V-shaped correction, which holds substantial significance on the weekly chart.
It’s likely that NASDAQ:SMCI may experience a slight pullback this week to accumulate more buying momentum before pushing above the $50 mark. However, the stock must not fall below $25, as this remains the Point of Control (POC) since 2022—a critical level that must be respected to maintain the bullish potential.
