SMC2 trade ideas
Super Gains with Super Micro Computer Through the End of OctoberSuper Micro Computer (SMCI) is a good candidate to watch.
When the RSI moves above the moving average, a significant upward movement is likely.
Currently, the stock may still be in a consolidation phase, which could end by the end of August.
When the Bollinger Bands move closer together, a breakout is imminent.
The stock has been trending primarily in one direction: upward.
Looking back, what did you miss out on ?Recent Developments: Super Micro has introduced several new products and initiatives that have fueled its stock performance. Notably, the company launched a ready-to-deploy liquid-cooled AI data center, optimized for NVIDIA Corp AI Enterprise software. This innovation is designed to accelerate generative AI adoption across various industries, providing significant cost savings and enhanced performance.
SMCI - Super Micro Computer Inc - 50% move to all-time high?SMCI is approx a 50% gain away from all-time highs. Do you think the chip industry will rally again? How long do you think it will take to gain momentum? Price is currently hovering near the 100 EMA. This could be a good place for a bounce. Add SMCI to your watchlist?
smci seems like a hot ticketA very volatile stock that has grown alongside NVDA and other AI platforms, MACD crossed over to positive territory and still has room to run. I'm bullish that 900+ indicators aren't maxed out!
SMCI trendline retest bounce go LongSMCI broke above the trendline, then retracted back to re-test the trendline and this time it bounced off of the trendline, rejecting the trend continuation and going into reversal. Go Long.
SMCI Short Term Bull with retest of 760 possibleSMCI's price movement today has been overdone. I foresee another pull, but the overall semi-story with NVDA out of water is still good. Without any material macro event, it will retest its all-time highs. However, due to the turning tide in favor of DELL and other integrators gaining traction, it will eventually fall hard.
In Simple words, I see a 760 Retest before hitting an all-time high of 1230 but eventually falling back to 600. Hence, this is a nice trade idea only for whoever wants to ride a huge beta in the Options trade.
SMCI UpdateUpdate to the idea shared a couple days ago. Our liquidity indicator was calling for longs on SMCI and we are now getting that play-out as its breaking above 800.
What will the end of the rally look like.The SMCI gives us a good indication of what the end of the rally looks like.
The SMCI has gained as much as 66% over the three-week period, and the difference between the weekly highs and lows has been very, very large.
Since then, the stock has tumbled more than -45%.
The stock has since rebounded slightly like a rubber band, but has returned to a downward trend.
This is typical of the lead stocks coming to the end of the rally.
SMCI's earnings are amazing.
Sales growth is 200% and EPS growth is 368%.
But what's wrong with the stock price?
This tells us that a lot of stocks are coming to an end regardless of their earnings.
That's because many professional investors sell their shares before earnings get worse.
But this is not to say the end of SMCI.
The SMCI may be able to build up enough energy over a long period of time, and then regain its former glory. I don't know when that would be.
Upcoming soonSuper Micro should follow Nvidia. Price is bouncing off the uptrend line support. I think is going to start to consolidate within the triangle to finally break up. I just bought some, I'll keep adding at every pull back. It might take a few more weeks. SL triggers if a weekly candle breaks down and closes below the lower vortex.
SMCI Short TradeI took a short on SMCI today. I had posted a bullish and bearish idea for it earlier in the week. Neither of those have triggered yet. I took this trade because it failed at previous lows and a trendline shown here. My target would be either the most recent lows we made or the trendline support slightly below that. It can still breakout to the upside here as well, wouldn't want to be short if it takes out the trendline it failed at today.
SMCI Long Idea I think SMCI could easily go either way this week depending what NQ and NVDA do. So here's a follow up long idea to my previous short idea. If the market is bullish this could be a great long opportunity if it goes.back to test the trendline it broke out of. This area also has some previous lows for added confirmation. I expect good movement out of SMCI this week either way.
SMCI Short IdeaGiven the strength of NVDA and other semis, it may not be the best idea to try and short into that much strength, but this could prove to be a great short opportunity if NQ falls off.
SMCI has broken a shorter term uptrend to the downside, so I'll be looking for short entries on a retest. There's actually two different trendlines it could hit at the same time which would be the ideal scenario.
SMCI: Strong accumulation. Buy it while you can.Super Micro Computer is neutral on its 1W technical outlook (RSI = 53.442, MACD = 90.250, ADX = 30.355) and the reason is that below the 1W MA50 it is expanding the new Cycle's accumulation phase. Every Cycle experienced this accumulation under the 1W MA50, sometimes shorter others longer. Technically, on a two year basis, every time it crossed under the 1W MA50 and consolidated, the stock was a buy opportunity.
The trigger to buy is given on the S1 level (50.60) of the 1W RSI. The last two Cycles grew by at least +400% from the first low that followed the crossing under the 1W MA50. Consequently we turn long on SMCI, aiming for another +400% rise (TP = 3,300).
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Last SMCI update for a while.We LOST the orange EMA as support and now it will act as resistance in the short term. It will be an important key indicator if we are planning to flip the trend and go bullish. BUT this is a BEARISH signal as of now....
I will continue to hold swing puts on this and NVIDIA as I can smell weakness and war regarding Taiwan.
It's time to take offIt is expected that the stock will head to its previous targets after it is well accumulated, and the eye is on the liquidity of the stock
Super positive view of SMCIOn the last Friday, SMCI stock showed clear ABC pattern with decreasing near by 0.618.
However, there were not strong bound with weak buying. So, it is fifty fifty.
It could be start of big 3 wave or just stopping by the support line.
In addition, it depends on Nvidia stock movement.
SMCICalls over 900 can work tomorrow.
Semiconductor stocks can move higher with NVDA.
Trade Idea: 1000C 5/24
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🍌🍌 SUPERMICRO — AI INFRASTRUCTURE STOCKS GO BANANA Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993.
Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems.
Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency.
It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers.
"Supermicro continues to lead the industry by meeting the ever-growing needs for AI systems and modern data centers around the world," said Charles Liang, President and CEO of Supermicro.
AI-optimized racks powered by Supermicro's latest product lines, including server product lines from AMD, can be quickly created from standard engineering templates and easily customized to meet unique user requirements.
The ultra-modern GPU liquid cooling server includes dual processors from NASDAQ:INTC or NASDAQ:AMD and four or eight interconnected NVIDIA ( NASDAQ:NVDA ) HGX H100 Tensor Core GPUs.
The use of liquid cooling systems can reduce the energy consumption of data centers by up to 40%, which in turn leads to lower operating costs.
In addition, both systems significantly outperform previous generation NVIDIA HGX GPU-powered solutions, delivering up to 30x performance gains and improved efficiency of today's Transformers with faster connections between GPUs and networks and storage built with PCIe 5.0 standard.
The technical picture illustrates the possibility of continued explosive growth in Supermicro shares, which are up more than 160 percent since the beginning of the year.
SMCI OutlookSMCI has a really solid bullish Heikin Ashi setup on the monthly.
The sell it saw set it up pretty well.
Its looking like it should technically break its ATH in the coming months.
Not a short term idea.
Safe trades!
4hours Trending Pattern ChartRemember, look back few days before NVDA's last earning days.
Anticipating, SMCI price is going down more, maybe low 800's.
Analyze NVDA's fundamental.
Good luck.
Super Micro Computer ($SMCI) Growth Fueling Investor's Support Alset Capital Inc. has announced that Cedarcross International Technologies Inc. has signed a $26 million contract with an arm's length counterparty to distribute 64 Nvidia H100 HGX 8GPU servers, generating $26 million in revenue for Cedarcross.
Nvidia's H100 GPU Servers are used in "Transformational AI Training", offering up to 7x higher performance for High Performance Computing applications. Cedarcross continues to demonstrate its ability to secure competitive pricing and expedited lead times for highly sought-after Nvidia H100 GPU servers through key industry partnerships, including with Earthmade Computer Corp., an authorized distributor of Super Micro Computer, Inc.
The estimated gross margin from this agreement will be approximately $2.3 million. The company has also increased its consideration payable pursuant to its extended engagement with Omni8 Communications Inc. DBA Omni8 Global ("OMNI8 Extended Term") to assist Alset in developing a corporate marketing strategy, providing marketing and public relations advisory services, and assisting with various other public relations efforts. Alset shall pay OMNI8 Global an additional $180,000 for the OMNI8 Extended Term, which will run for two months and commence on May 8, 2024, and the date the OMNI8 Extended Term is accepted for filing by the TSX Venture Exchange.
Super Micro Computer ( NASDAQ:SMCI ) is in a rising trend channel in the medium and long term, with rising trends indicating positive development and increasing buy interest among investors. The stock closed Wednesday's trading session up 15.81% with a Relative Strength Index (RSI) of 59.77 which is primed for further gains.
$SMCI is an A+ SetupNASDAQ:SMCI is an A+ setup I entered into this morning. These are the kind of setups I need to sit on my hands more often and wait for. Stop taking stabs at lower quality stuff.
Reports great earnings. Gets tight then boom breakout on rVOL. I noticed the delayed earnings reaction this morning. The rVOL was outpacing the market and the relative strength it was moving with. DCAed into it through out the day. Inflation data helped us a lot today.
