SMCI is creating and pushing resistance of a massive bull flag. After months of consolidation, this chart is looking to breakout end of year. Target $350
Trade active
In at $306.50 out half at $323. Banger of a moveTrade active
Re-add at $317Trade closed manually
Closed out at $324. Will revisit for sure. See how things look later in the week.Trade active
Reopened this morning on the gap down about -2.5% @ $308.8xTrade closed: stop reached
Stop hit at $315.00. Will revisit again, but staying light with QQQ at ATHTrade active
Back in this with a half position. Nice resting inside candle day.Trade closed manually
Cutting this. Still looks good, but limiting long exposure for the moment.
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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.