SMCI showing a bullish flag on the Weekly chart.
Not confirmed.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in April 2020
8- Post formed with volume
9- Descending volume during Flag forming
10- Ascending ATR, more volatility
Cons:
1- Figure is not confirmed
2- No break out yet
If confirmed, target price is 501,52$
Again, stay humble, have fun, make money!
MAAX!
Not confirmed.
Pros:
1- PPS above 50MA and 200MA
2- RS above 0 and climbing
3- R/R ratio above 5
4- 250RSI above 50 and climbing
5- 50MA above 200MA
6- Both 50MA and 200MA ascending
7- Golden cross circled in April 2020
8- Post formed with volume
9- Descending volume during Flag forming
10- Ascending ATR, more volatility
Cons:
1- Figure is not confirmed
2- No break out yet
If confirmed, target price is 501,52$
Again, stay humble, have fun, make money!
MAAX!
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.
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.