$SMCI which direction from hereNASDAQ:SMCI falling RSI on 4 hourly chart is a red flag and not convincing to go long. There's a gap to fill too.Shortby Silverbullet121114
SMCI - builds the data centers for AI and is hotter than hotSuper Microcomputer is on hard run up trend- at its all-time high, this stock is demonstrating a high tight bull flag pattern. In a massive move SCMI is up 180% YTD five months so on pace for 400% annualized. Most experts expect more of the same. It is currently resting in consolidation ( the tight channel of the pattern) The zero-lag MACD shows the lines about to cross over the histogram. I will watch this stock for either a bullish continuation or a pullback. Its fundamentals are outstanding and its collaboration with NVDA will carry it far. I will wait for a great entry and take a big bite. This stock's P/E makes it an incredible bargain.Longby AwesomeAvaniUpdated 4420
SMCI.....Who is kidding whom were?Hello Traders, a wild ride for SMCI at the past week! Vola is back! The massive buying-panic on Thursday`s session (`caused by the excellent earning @ Nvidia) has been sold on Friday! My last count assumed a wave b upwards and a wave c to follow! I called this wave a "sucker-wave, `cause they try to lure traders to the wrong path! "B-waves" are kidding you, are looser waves! Be patient! But what message did the last two candles carry in it self? Thursdays candle was one with high vlume and a massiv gain, up to 30 % at the session. This is to much within a short time! Friday`s session was the opposite of the day before. Selling pressure and weakening hands, including a "gap-down" at the opening! The closing price on Friday was shy below Thursday`s open! So, if traders continuou the selling action, the target for this sell-off is at or around $588.- to 641.- range! A technicly caused fresh buy-signal will occur at $1003.- on a closing basis daily! We will see if this action is part of a wave 4 or if this is part of a wave 2 of high degree! For a final conclusion I need more informations and traders action in the coming weeks ahead! Have a great week..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk.by ruebennase112
SMCI Bull Trap Complete? Follow up to We're now up to the classic 76 retracement level of a bull trap. If SMCI is setting up the broad reversal spoken of previously, this should be around the end of the bull trap. Stops must be taken if we break the 86 fib. Something horrible is liable to happen above there. Shortby holeyprofitUpdated 4412
Covering shorts and long 820.Big downswing hit. Now it's possible we form various types of bull traps / new highs. Lot of value long here 820 with really tight stops. Nasty if it breaks, but high RR to the required stop loss level. Longby holeyprofitUpdated 8
SMCI.....Sucker-wave underway?Hello Traders, SMCI fell to 692.- and reversed strongly. Today`s pre-market price is @ $839.20, caused by the excellent earnings @NVIDIA! But where does the stock go from here? A wave usually appears in sub-waves on all time units. This means that 5s or 3s are also visible here. So far this is not visible for SMCI. I suspect that the jump in the pre-market is part of a b-wave. B-waves are "sucker waves" that try to lure a trader into the wrong direction. So be careful if you want to follow this stock's path. I intend to watch the stock for the time being (this week) and then decide on a new long entry if necessary. However, I would like to see clear chart and/or candlestick information on this! From a technical perspective to call, the next entry point for the stock is a new ATH! But where to stop? I recommend to be patient and wait for clear signals! I will update the count after new information. Have a nice week..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk.by ruebennase115
SMCI - Breakout of Rectangle On The CardsSMCI has formed a 5 month consolidation rectangle and is about to break out. This setup is similar to Nvidia one which we had a couple of weeks ago. SMCI just raised their Q2 forecast this morning. Semiconductor sector is very strong at the moment. Pure momentum play here. Initial target is at 450.Longby KemsdaleUpdated 16
Big Pullback On SMCI - Super Micro ComputerSMCI is another company whose share price is strongly benefiting from the bubble in AI stocks and looked WAY over bought for the last few weeks. It is still up 776% over the last 12 months and that is after Fridays 20% pullback! NVIDIA who is leading the AI charge has earnings on Wednesday and depending on how that goes we might see a bounce on SMCI or a bigger drop. Buyer and holders beware. Post NVIDIA earnings should see more certainty. Secondary indicators such as the RSI and the MACD both show weakening momentum as well as the price is probably still too high unless it starts to consolidate or pull back further. Big reaction on Friday with profit takers probably sensibly jumping ship. Will be interesting to see how it goes in the next few weeks. by zAngus17
SMCI.....Party over? An increase of $604.- a share in 2 monthHello Traders, SMCI has risen to $1077.87, which is shy below my cited target $1088 as announced at my last analysis! It opened with a gap-up, but right after the first few minutes of trading, the stock changed direction and a "sell-off" started! As a result, the closing price of the trading session was @ $803.32, a loss of 274.55 or about 25% from high to low! The next thing to note is the fact of a "bearish engulfing! A sell signal from a candle stick perspective. But be patient by selling this stock! More often than not, stocks that have risen this way, bring back buyers into the market, and they consider this circumstance as a good trading opportunity! Interestingly, that the sell-off ended about the level of $800.-! One of my followers give me the note, that "tons of $800.-calls" have been traded some days ago! But! What to expect as next for SuperMicroComputer? Well, after such an advance, a stock always needs to take a deep breath and should move sideways to cool down and consolidate this move! As a result of this, a week's long phase of even consolidation or correction could be next! Observing the volume profile (right-hand side) give you the argument of weakening volume! A message, probably it doesn't take much to send the stock lower! But, observing the facts, Monday will give us brand-new information of what could be coming in the following trading week. As long as the high is valid, the path for SMCI should be lower with targets at or around $666.09 to $611.93 to $574.07 at latest! If so to come, a wave 4 of minute degree have ended there, and the next is a rise to new ATH`s! For shorthand, "the music stops playing"! Grap a chair, sit down and observe! This is the best to do for next sessions! Trader who have followed my trading idea, has earned an increase of roughly $604.- a share! Not bad for a 2-months trade! Congrats!!!!! Update comes after new facts! Have a great week..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk.by ruebennase4411
SMCI rally target 1200 after healthy pullback calculating percentage move from history to current trend. If history repeat , final target will be 1200 after healthy pullback by InvestEagle2
$SMCI Weekly Showing Shooting Star With NASDAQ:SMCI having this shooting star and still a high RSI at 90. Looks like can go to the 745 level pretty quick. Below that you can see a big drop. Could open Tuesday down 100. Shortby GregAcero1
** SMCI Price Action REview **Going over what happened to SMCi how to read what the market is telling us and keep our bias's out of our trading plan. I dont know what a stock will do, you don't know, nobody knows what a stock will do and its not our job. our job is to take High Reward to Low Risk trades. Let's make sure we Review SMCI and get ready for the next one. Do the hard work. learn to manage Risk and when to take Action. that is our goal for the Rest of 2024. 05:33by BobbyS8133
buying every FVG on the strongest stockexit now at 1k is a valid target i just wish there would be a fait value gap scanner, the entry and exit on FVGs is very clear no other indicators or market structure needed if market breaks out with a FvGLongby responsibletrad8rUpdated 555
SMCI Moves Traders Won't See ComingThis is the weekly chart of SMCI showing Support and Resistance zones. Weekly charts take a long time to play out. Bookmark this for reference.by TrueTrend_io111
SMCI Experiences Rollercoaster Week Amid AI BoomThe stock market is often a whirlwind of ups and downs, but few stocks exemplify this volatility as much as Super Micro Computer ( NASDAQ:SMCI ) in recent days. With its shares soaring to unprecedented heights before tumbling back down, NASDAQ:SMCI 's journey reflects both the excitement and unpredictability surrounding the artificial intelligence (AI) sector. Unveiling the Rollercoaster Ride: In a week marked by dizzying swings, NASDAQ:SMCI 's stock embarked on a wild ride that left investors both exhilarated and apprehensive. Following a remarkable surge that propelled the stock above the remarkable milestone of $1,000 per share on Thursday, NASDAQ:SMCI experienced a dramatic reversal, plunging by over 12% to $880.64 just a day later. This rollercoaster trajectory underscores the volatile nature of the market, particularly in sectors driven by transformative technologies like AI. The Driving Force: Fueling SMCI's meteoric rise is the ever-expanding landscape of artificial intelligence. Analysts and investors alike have been captivated by the potential of AI to revolutionize industries ranging from healthcare to finance. With NASDAQ:SMCI positioned as a key player within the AI ecosystem, bolstered by strategic partnerships with industry giants such as NVIDIA, Advanced Micro Devices (AMD), and Intel, the company has emerged as a focal point for those seeking exposure to this lucrative market. Analyst Insights: Barclays analysts have recalibrated their outlook on NASDAQ:SMCI , raising their price target to $961, citing the company's adeptness in navigating the complexities of AI architecture. They highlight NASDAQ:SMCI 's agility in customizing solutions to meet the evolving demands of AI applications, underpinned by its flexible manufacturing capabilities. Meanwhile, Bank of America analysts echo this sentiment, initiating coverage with a bullish "buy" rating. They emphasize NASDAQ:SMCI 's potential to capitalize on the burgeoning demand for AI servers, emphasizing the company's adaptability in integrating new designs and technologies as the AI landscape continues to evolve. Looking Ahead: As NASDAQ:SMCI navigates the turbulent waters of the stock market, the company remains firmly positioned at the forefront of the AI revolution. With analysts bullish on its prospects and investors eyeing the potential for further growth, NASDAQ:SMCI 's trajectory serves as a compelling narrative of the opportunities and challenges inherent in investing in transformative technologies. Conclusion: SMCI's rollercoaster week encapsulates the excitement, uncertainty, and potential inherent in the AI sector. As investors continue to grapple with the implications of AI-driven innovation, NASDAQ:SMCI stands poised to carve out a significant role in shaping the future of technology and finance alike.by DEXWireNews2
SMCI: If this is a fake spike, it should end soon. SMCI has recently made a huge spike over the 4.23. The 4.23 is often a good resistance level and prices can retrace as deep as the 1.27 if they make a top there. Trading would be much easier if not for the spike outs, but spike outs do exist. In a spike out we should expect the strongest action of the move and it seeming impossible this won't go higher. Spike outs of 4.23 usually have an upper range of about 25% above the resistance level. This is now met. If we're in a spike out - an obvious rejection should come next. Shortby holeyprofitUpdated 4430
SMCI CLASSIC BUBBLE see TULIP MANIA FEB 16 1636Classic bubble and on the print high 1636 feb 16th from 8.56 to 1077 for no good reason from strong hands to weak hands by wavetimer225
SMCI.....Next stop 1000.-?Hello Traders, SMCI has no mercy on traders who bet on declining price! The stock is rising from high to high and the reward for those who bet on this scenario is unbelievable! Next stop should be around $1000.-, an extended price target is around 1088.-! While the stock has been rising with higher volatility, it needs a drop below 745.- range to call out a "stop" of the advance! For now, there is no evidence to support this idea. The advance is part of a wave 3 of higher degree and could extend up to $1375 area, if my idea works out! I have closed my position and sold the rest of it (⅓) and had a great reward too! Traders who have followed my idea since December 17th have this too! Make sure you leave the floor, before the music stops! Once, this rally is over and a correction will be next, I expect a many weeks long phase of sideways or corrective action! Be patient! Have a great week..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk. by ruebennase113
SMCI OutlookThis stock price rally for a while since the news of microchip something in the brain of tesla which contributes to the price today now i am looking for a good pullback to entry on this one but either way even tho entrying on this price is still quite looking good there is a risk of it. in techical side of it both tenken sen and kijun sen showing a strong upward movement similarly the chinko span is also pointing upward while the cloud remain a healthy green cloud which indicates a good volume Longby Akishiiiii3
SMCI.....Note the volume!Hello Traders, SMCI has made new ATH @ $745.17 on Friday! For whom which trade this stock, a great reward ratio! But what to expect ahead? Well, the highs are not supported by increading volume. That means, most traders are invested in this stock. For me, a "danger" situation. But, what do I know? Anyway! A pause of the bull market, should lead to a longer time of "consolidation" for SMCI. After such a long run, the stock needs to take a deep breath and cool down! Volatility is always higher for this stock, and a new entry and buy is not to recommended at the moment. If my counting idea work out, a wave ((4)) should be next in the coming days ahead. As you know, a Wave 4 of any degree, almost always consolidates to a 38.2 Fibo level of the latest advance. For SMCI means a "sideways action to 510 level, when the bulls are exhausted now!!! The coming days will give an answer; for now there is no argument for this! Bulls should have an eye to the chart and act accordingly! I sold ⅔ of my position and set an SL for the rest! And, what to say? I am happy with that! Chart will be updated in the coming days. Have a nice weekend..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk.by ruebennase151554
Is $SMCI topping out already?NASDAQ:SMCI Printing a topping tail and generally, a sign to unload and protect the gains. I would be very careful here as a long and would start to unload.Shortby GoatOfWallStreetUpdated 443
SuperMicroComputer.....Bulls go crazy! Hello Traders, SuperMicroComputer, the bull stock, has been making new ATH`s in a row since the impulsive move at $276.- started on January 03! The first time I analyzed this stock was on December 17 and I saw a possible massive breakout to new highs ahead! That is exactly what has happened since then! Yesterday the stock closed at $663.35. The pre-market is now looking at a price level of 678.76! Traders who followed this idea had a great trade. (The grey arrows marks the entry-level and day of analysis)! I took ⅔ of my position off the table this morning and made one of my best trades ever! (That much self-praise is necessary)! But what can we expect from this stock in the coming days? Well, nothing goes forever, and in my opinion the rise is not over yet. But the air is getting thinner and thinner after rising to these levels. Buying a stock at ATH levels is a psychological problem and requires a lot of courage to do so! But remember! Doing so, more often than not, offers excellent chances for rising price! The general question is: "Where to set the stop-loss level to protect your money? One option is to watch the chart and wait until a "three-down" is clear on a daily basis. Then jump in and set a close SL level below the recent low! I will check the chart constantly and give you some news for a possible trading opportunitie! The count is valid! Have a great week ..... Ruebennase Please ask or comment as needed. Trading based on this analysis is at your own risk.by ruebennase443