SMCI is in the Golden ZoneThere is still some room down but not a bad spot to start averaging in. If it breaks below the zone I would look at a stop. Trade Safe!!!
SMCI trade ideas
SMCI... you crossed the Line, the RED LineSo there was a turtle once who said, I could beat a rabbit... Well he did. He just called his buddy Wild E. and said dont let him cross that red line....Well the turtle forgot to tell Wild that the start line is the finish line too...
SMCI freebie ideaYou ever wonder why support and resistance is so hard to spot...well sometimes those lines are curvy and are unknown...but when they come around and your RSI is looking good...Just remember that you may not have 99 problems...but this trade sure is one.
SMCI free trade 3Why everything starts looking too much like things are good...and you feel like you may be using emotion versus your logical mind....just before you make a big swing trade...walk outside your apartment and close the door without your keys. You'll learn how quick that trade is emotional- then you'll learn how many friends you got too.
SMCI free Trade 2I was once clicking a bunch of buttons and found some weird stuff...I then said...wait...which ones did I press and how do I do it again....Sometimes when someone says they cant help you- maybe its because they arent sure which buttons they pressed??
SMCI...free tradeSo I was walking outside looking up and I was wondering how far it goes...then I realized I was halfway to the barn, Which one is more important to pursue..
Progression for SMCI $58 next Minimum The price progression for SMCI should move up exceeding168.66. This is based on the new profit margin of 13.7%. As you all know SMCI was the victim of a short raid by the Hindenburg report, and associates, and some are including Ernst and Young in the conspiracy, based on the Chairman Janet strong affinity with the Obamas and the incidental information that these two actors also were behing the Adani Group also a victim.
However, at the moment SMCI has been completely cleared of fraud has a new accountant.
Significant investments in AI infrastructure are currently underway in Europe, while the United States continues to enhance its capabilities. A notable trend is the emergence of sovereign AI, where nations seek to develop independent AI systems for automation and management. SMCI's price-to-earnings (P/E) ratio stands at 21, significantly lower than the segment's average of 57, suggesting substantial growth potential. With over 21% of shares shorted, upward momentum is expected to persist as market dynamics shift favorably.
As of December 5, 2024, Super Micro Computer Inc. (SMCI) has a trailing P/E ratio of 21.43 and a forward P/E ratio of 15.56. The current earnings per share (EPS) stands at $1.92 based on a stock price of $41.14. This valuation indicates that SMCI is trading at a relatively lower multiple compared to its sector, suggesting potential for future growth as market conditions evolve
Maximize Your Profit Potential: SMCI Trading Strategy for Next WRecent Performance: SMCI has shown impressive recovery patterns since early
November, indicating an upward momentum that signals renewed investor
interest. The stock trades at a current price of 43.93, reflecting a
constructive market environment and potential for continued growth.
- Key Insights: Investors should focus on identified liquidity zones between $23
and $33, which are crucial for buying and selling decisions. The
establishment of support levels offers safe entry points, while resistance
levels provide profit-taking opportunities.
- Expert Analysis: Analyst opinions are overwhelmingly bullish on SMCI, with
many suggesting that the stock has potential for upward movement based on
technical indicators and prevailing market conditions. However, it is
advisable for investors to remain vigilant in tracking price fluctuations
that may impact their positions.
- Price Targets: Based on current analysis, the proposed targets are:
- Next week targets: T1 = 47.5, T2 = 50.0
- Stop levels: S1 = 41.8, S2 = 39.78
- News Impact: While no significant corporate news or announcements have emerged
to directly impact SMCI, the overall market sentiment remains positive. This
indicates that current price trends may continue, bolstered by investor
confidence in the stock's performance.
In conclusion, SMCI's favorable market activity paired with robust analyst
sentiment creates a positive outlook for the upcoming week. Investors are
encouraged to watch price dynamics closely and adapt their strategies as
necessary amidst this encouraging landscape.
SMCI UpdateSMCI: Long Setup Analysis (4H Timeframe Update)
Previous Idea Recap:
The prior long setup on SMCI performed excellently, with the stock rebounding sharply from a prolonged downtrend caused by adverse news. The price is now in a strong recovery phase, breaking key resistance levels and surging higher.
Supply and Demand Zones (Updated):
- Supply Zones (Resistance):
- $48.40–$50.35: The current price is testing this zone, which aligns with the 0.618–0.786 Fibonacci retracement levels. Expect possible resistance or consolidation here.
- $55.24–$59.68: The next major supply zone, aligning with the 0.786 Fibonacci retracement level and the likely completion of Wave 5.
- $68.90–$72.50: Higher timeframe resistance zone. If the bullish breakout sustains, this is the long-term target zone.
- $88.40–$96.35: is the ultimate highest SZ up with a potential RRR of 10:1
Plan of Action:
- If Holding Positions: Trail your stop below recent swing lows to secure profits while allowing the trade to run.
- For New Positions: Wait for either a confirmed breakout above $50.35 or a retracement into the $38.90–$41.00 demand zone for the best entry.
"Trade what you see, not what you hope."
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always perform your own analysis and risk management.
SMCI- Backtest and swing on inversed HnS patternSMCI- Backtest and swing on inversed HnS pattern
-Key level support.
-Demand zone support.
-Swinging on consolidation range as Inversed HnS pattern.
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US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
Possible Butterfly Bull Trap in SMCI The classic bull trap pattern comes when we have an initial sell off. Some sort of retracement of that and then a failure to make a new high forming a capitulation pattern.
Everyone knows this pattern, it's the classic "Return to Normal" in the bubble template.
However, we also have modified versions of bull traps that make new highs. While this seems paradoxical, what better place is there to trap bulls than ATH?
When this patterns forms it's most often expressed as a butterfly top. There's the initial drop. A false continuation of the classic bull trap and then a spike high.
This forms a "W" pattern with the spike high usually ending in the 1.61 - 2.20 zone.
This is something we commonly find at the end of big uptrends.
Read more about uptrend and reversal formation here:
SMCI completes all stages of Minsky model. What's next for AI?Over the last couple years SMCI has done a speed run through all the phases of the Minsky model. Ending with a near perfect expression of all stage.
Let's go through the steps one by one;
First - the macro trend was starting to run out of steam when we tagged the 4.23 (As so often happens).
Next we had the classic fake crash and then final spike out, characteristic of bubbles.
Then we had the tell tale W butterfly top.
And then it was just a matter of time.
===
Classic. By the boom stuff.
So, where does that leave us now? As someone who likes trading reversals best, this gives me one main thought. One of three things should be true. SMCI is a long. NVDA is a short. SCMI and NVDA due to fundamentals will diverge massively from each other.
I'm a TA trader, so I just discount the third option as an occupational hazard. I do not know nor care enough about the fundies of either of these. If the fundies overrule my TA thesis, I'll just hit a stop. Wait a while. Then make a new decision.
My goal in trading isn't to always be right or make my money off one wonder trade. The whole goal for me is over my trading lifetime to lose about 50% of my trades. Win about 50% of them. Average about $3 per $1 lost. I pre-accepted a long time ago I'd lose half my trades, what order they come in or why does not matter. They're all part of the plan.
So ... that brings us down to the decision, is it fade the NVDA bull or buy the SMCI knife?
There's some nuances to this. For one, SMCI has complete the low hanging fruit rally. We have a quite simple method for this. If and when the low of the parabolic phase is spiked out, this is when we usually see reversion to the trendline. Here's the setup in CVNA.
Using the same rational as used for the CVNA low call, it was easy enough to see the potential for a low being made in SMCI. Here's a real time mention of the SMCI knife catch at the low.
The dilemma here is this is the easy target for the long. Can run more, 100% bounce to the trendline was the low hanging fruit. But CVNA is now over 100% higher than the same level.
SMCI could have a lot more to run in theory but I find it hard to be bullish here because we're, literally, at my bull target level. I did the SMCI knife catch thing. It went well. Now we're at resistance. It might run more, but it feels more like chasing to me.
So to the next question. Does NVDA happen to look anything like SMCI did at the high?
Yup ...
If the Minsky model is again in play here, we're be somewhere close to the optimal shorting levels.
===
Did SMCI lead NVDA? One would think at this point we can't be more than 18 months away from knowing. If the AI bubble is going to fully pop, it'd seem it has to be at or close to full maturity now.
SMCI Bullish If SMCI can break $48 i think she can get back to 70. I like using the Golden Zones in my TA which are really just Fibs. Lets See What She Does. PT $48, $61, $70 by Summer. There will certainly be dips along the way.
SMCI Weekly confluence points to a big moveNASDAQ:SMCI
Lot's of confluence on the weekly chart. HMA crossover, TSI-WMA crossover, strong Bullish divergence. Big target is $80 during February 2025.
www.tradingview.com
Bullish for Dec 7th!!Super Micro Computer, Inc. (SMCI) has recently cleared fraud allegations through an independent probe, leading to a significant stock surge. However, with 15.67% of its shares shorted and a short interest ratio of 1.0 days, the stock remains volatile. Key catalysts that could force shorts to cover include the approval of SMCI’s compliance plan by Nasdaq, following its recent appointment of BDO USA as auditor to resolve financial reporting issues, and its participation in investor events like the Barclays Global Tech Conference on December 7, 2024. These developments, combined with heightened investor interest and potential short squeeze dynamics, suggest a highly volatile near-term outlook.
Intermezzo - the show will continue - however tomorrow is Fridayand Fridays is when the market makers pay, generally they don't pay too far from the mean and this puppy went up 100% in no time....
I think we get back to $31.oo and change before the next move, and this $31 likely by the end of Friday.
Again you do your own calculations. never ever rely of others to tell you where things are.
Remember opinions are like dog tails we all have one, everyone chases them and they all schtinkkkzzzz
Analyzing SMCI's Potential RecoveryCapitulation and Recovery:
Capitulation: A period of intense selling pressure that often marks the bottom of a downtrend.
Post-Capitulation Recovery: After a capitulation event, the stock may experience a relief rally as short-sellers cover their positions and long-term investors start accumulating.
Factors Affecting SMCI's Recovery:
Fundamental Factors:
Earnings Reports: Strong earnings reports can boost investor confidence and drive the stock price higher.
Revenue Growth: Continued revenue growth, especially in the AI and data center segments, is crucial.
Technological Innovations: SMCI's ability to innovate and introduce new products can influence investor sentiment.
Market Sentiment: Overall market conditions, especially the tech sector, can impact SMCI's performance.
Cautions and Considerations:
Market Volatility: The stock market is inherently volatile, and SMCI is no exception. Price fluctuations can be significant, especially in the short term.
Risk Management: Always use stop-loss orders to limit potential losses.
SMCI, the worst is likely behind usSMCI has crashed from this years highs, a good 80%.
To me it sounds like the worst has happened. And while we may see some positivity this EOY that can help us reach new ATHs, we must remain aware of the risk the broad economy poses.
Target is 130+ short term, with one more 50%+ drop coming right after.
I would make sure I have the funds ready to scoop up shares if such a scenario happens. As the second dip doesn't look as bad as the first one.
After that SMCI will resume its lifetime bullish climb, and keep on going for as long as the bull market lasts.
SMCI to $60? When?!?In this video, I use the Magic Linear Regression Channel , Multi VWAP , and Magic Order Blocks indicators to build a case for a $60 SMCI target. In short, it might be a few months away. Using a linear regression channel starting on May 8th, 2024, and ending October 29th, 2024, we can see that the channel is respected at multiple levels.
In today's trading, we see a rejection from the Inner Fibonacci Level - Upper in the Magic Linear Regression Channel tool. I was expecting this a few days ago based on the projected channel.
With the Multi VWAP indicator we see that the price is currently above the 5-Day anchored VWAP (AVWAP). It can potentially continue to hold that and go through some consolidation before heading back to the top of the channel. At which point, it could reject or consolidate more.
I suspect that with the accounting issues behind them, SMCI price will continue to recover. However, above the upper channel lies the year-to-date anchored VWAP, which should be at around $60 by the time SMCI can get there. This will be a level of interest.
On the daily chart, we see that the 5D AVWAP gets respected with a bottom wick on the 15min chart that tags it almost perfectly at around $39. We also see an order block acting at support at that same level using the Magic Order Blocks indicator. That gives us further evidence that we could potentially have the 5D AVWAP holding price up as support during a period of consolidation.
Should SMCI continue its bullish momentum, there are two potential areas of consolidation - if not outright rejections - at the Inner Fibonacci Upper level and at the upper linear regression band. If it makes it through, the next target will be the YTD AVWAP.
SMCI Ankle BrakerSMCI made incredible bearish move due to all recent news in regards company financial. Company will be reporting soon.
I am short term bullish for a gap closure which will be made before reports in order to pump prices before "Breaking Ankles" to the downside.
I am watching for a possible move up to the $46.85 to quickly sell of down to the previous FVP. Once it hits level and depending on reports company might once again slowly run up like Walgreens did.
SMCI This is why investors should always keep a clear mindset.It was only a month ago (November 07, see chart below) when we gave a very strong long-term buy signal on Super Micro Computer Inc (SMCI), in the midst of a price collapse following the resignation of their auditor (Ernst & Young) and compliance delays with stock index requirements:
Putting the fundamentals aside, we made this bold call by purely looking at the technicals, which in turbulent times like these (market fear on news) tend to deliver a clearer and more objective picture.
The price had just hit the 1W MA200 (orange trend-line), for the first time in 4 years (since October 26 2020), while reaching Fibonacci level 1.0, which was the former top of the Channel Up for 4 years until it broke and the stock turned parabolic from January 2023 to March 2024. At the same time, the 1W RSI touched the oversold barrier (30.00) for the first time since March 16 2020 and second since October 01 2018, which was the start of the Fibonacci Channel.
As a result, that gave us a very strong buy signal combo, which as you saw was immediately translated into a price rebound. Less than a month after, the stock is about to close the gap of the October 28 2024 1W candle, which was the week of the Ernst & Young collapse. This amount of buying pressure indicates that there were a lot of long-term buyers waiting on the buy zone we identified and assuming SMCI continues to restore faith in their reported accounting practices, are looking for a new multi-year rally.
Our $122.50 Target remains intact for Q3 2025, which is basically the stock's All Time High (ATH). Technically there is room for a 2025 extension within the 3.5 - 4.0 Fibonacci Zone.
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Super Micro Computer (SMCI) Shares Surge Nearly 30%Super Micro Computer (SMCI) Shares Surge Nearly 30%
Yesterday, the S&P 500 (tracked as US SPX 500 mini on FXOpen) hit another record high for the year, with Super Micro Computer (SMCI) leading the charge. SMCI shares soared by 28.50% during the session.
SMCI has been highly volatile this year. In the first 2.5 months, its stock price skyrocketed over 300%, breaking the psychological $100-per-share mark, fueled by the AI boom.
However, this rally was followed by a period of consolidation and then a sharp downtrend, partly driven by accounting concerns. According to Investing, the company failed to file its 10-K form for the fiscal year 2024 due to accounting issues, leading Nasdaq to threaten delisting. Meanwhile, Ernst & Young (EY), the company’s auditor, announced it was unwilling to associate itself with the financial statements prepared by Super Micro Computer’s management.
As a result, SMCI shares dropped below $20 earlier this month. Fortunately for shareholders, it was revealed yesterday that:
→ No errors were found in Super Micro Computer's financial reports.
→ The company will not need to amend its previously filed reports.
→ The CFO will be replaced.
These developments sparked bullish momentum, propelling the stock from Friday’s closing price of $32.50 to yesterday’s close of $41.91.
Technical Analysis of SMCI Shares
Since 2022, the stock's wide price swings have formed an ascending channel (marked in blue). Key observations include:
→ The consolidation from late August to late November suggests the median of this channel is an equilibrium zone for supply and demand.
→ A mid-November bounce off the channel’s lower boundary (indicated by an arrow).
Will SMCI Continue Its Rally?
This week’s strong momentum may sustain further gains, potentially enabling bulls to break above the resistance line (uppermost of the three red lines) and push towards the median of the blue channel before the holiday season begins.
According to TipRanks:
→ Only 2 of 9 analysts recommend buying SMCI shares.
→ The average 12-month price target for SMCI is $38. However, these forecasts may be revised upwards in light of the latest positive news.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Huge Opportunity: Bullish Perspective on SMCI Super Micro Computer, Inc. (SMCI) recently saw significant interest as Rakuten Securities purchased 61,071 shares. After a substantial decline, SMCI is now trading near a key support level around $22, showing potential for a recovery.
If the stock rebounds to $62, this could represent a +173% return.
