SMCI Short Idea
Given 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 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.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.