SMCI explosive move comingSMCI explosive move coming. This analysis is for informational purposes only.
MS51 trade ideas
Bullish on SMCI - Symmetrical Triangle FormationSMCI looks has clearly formed a symmetrical triangle. I expect a triangle breakout at earnings or possible before earnings if really good news is expected. Because this is a symmetrical triangle, you have to play the direction of the breakout. Have a tight stop loss at 800 and prepare for take off to retest $1220 💰. If this breaks out bullish, this will be a 45%+ move 🚀. On a side note, I'm expecting a stock split announcement and a killer earnings to catapult this thing. Hold on 💺
SMCI is at the interesting price levelWhat's your thoughts on this? I would say it is likely to break down this time.
update on 850 a few key areasLooking for this to continue its demise to more robust support, but with volatility, it could swing either way and in either direction. However, due to the data, I'm confident we will see lower 800s first!
850 and less, the resistance area hasn't been broken in 4 They will return stronger like we were bullish last week and hit our target of almost 1000. Now, we're focusing on the 700s because of the situation. There are no new upgrades, and we have no insight into what earnings will bring, whether it can keep up with Nividia, be a leader, or merge. Who knows, but stock-wise, I'm short.
$SMCI #Breakout #Retest #GO PT: 1300 (300 Follower Special)Super Micro Computer to replace Walgreens in Nasdaq 100...
#KeepItSimple
This has JUICE Potential.
1) The break out retest is #TextBook (Is TSLA doing something Similar ;p )
2) There's a lot of positive flows forced into NASDAQ:SMCI now...
3) Plus the general Semis BULL TREND...
1000 dollar break = $1300 FAST imo.
This could honestly open over 1k on Monday Morning, Gonna rip up so high so fast most will wait for pullback that doesn't happen for weeks... #ThinkTSLA2020 when added to S&P500...
Do with that what you can...
-Proph
Thank you to all the new followers! Glad I'm not talking to myself on here (Mods adjusted the ALGO for me so I may stick around #TBD)!
As mentioned, don't hesitate to chat me.
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SMCI: The trigger for the next rally! (D&W charts)The SMCI chart presents a compelling case for bullish potential, highlighted by significant bullish patterns on both the daily and weekly timeframes. On the daily chart, SMCI is forming an ascending triangle, a bullish continuation pattern. This pattern is characterized by rising lows supported by an ascending trendline, while the price faces resistance at $972.44, which is its most important resistance level. The consistent formation of higher lows suggests increasing buying pressure. Recently, the price has closed near this resistance level, indicating a potential breakout. If the price successfully breaks and closes above $972.44, it would signal a strong bullish continuation. However, a fall below the ascending trendline could indicate a possible reversal or a phase of consolidation.
On the weekly chart, SMCI exhibits a pennant pattern, another bullish continuation signal that forms after a significant price move. This pattern is marked by a period of consolidation with decreasing volatility, bounded by converging trendlines. The price action is currently testing the upper boundary of this pennant, suggesting a potential breakout. A break above this pattern would confirm the continuation of the bullish trend, likely leading to a substantial price increase. Conversely, failure to break above the upper trendline and a drop below the lower boundary could indicate a more pronounced pullback or extended consolidation phase.
Overall, SMCI shows strong bullish tendencies supported by the ascending triangle on the daily chart and the pennant pattern on the weekly chart. Both patterns suggest further upward movement if key resistance levels are broken. Traders should monitor these levels closely for a confirmed breakout to validate the bullish outlook. Failure to break these resistance points might lead to short-term consolidation or pullbacks to support levels.
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Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
SMCI is about to "break out" of the ascending triangle.SMCI is about to "break out" of the ascending triangle.
We Should Buy SMCI Stock Now.
Can SMCI hit 1080 on Nasdaq 100 inclusion?Can SMCI hit 1080 on Nasdaq 100 inclusion?
Target might be much higher but lets see the next $170 move first
SMCI Nasdaq InclusionI've posted about the death of Walgreens quite a bit lately and now it is being removed from the Nasdaq in favor of SMCI. It's set to happen on July 22nd. I'm more concerned with SMCI than WBA, this could lead to a lot of hype and huge move for SMCI.
It had a nice bull flag breakout and retest in June, but it has mostly been sideways since. This is always a volatile stock, so I would expect it to continue especially after this news. Here are some potential paths moving forward. It has a nice pennant that could break in either direction and when it does, it should be a big move. My first upside target is 1020 and then ATH.
If it breaks to the downside, I'd be looking for it to find support around the low from April at $671.
$SMCI BREAKOUT Liquidity picked up Fair Value GapMy line in the sand is 968.33
TARGETING 1250 1300 🎯
Tons of consolidation and dip buyers I plan to automate this with MULTI LAYERED OPTIONS (guide below)
"❤️" if your in!
$SMCI on watch 1000C 7/19VERY SIMILAR setup to NASDAQ:AMD post...
Semi's looking bullish after nice consolidation on previous resistance line.
NASDAQ:SMH looks #JUICY too. Basically NASDAQ:SMCI and NASDAQ:AMD seem late to the party individually. Sector should provide support.
This is not high conviction so no wizard at end, just throwin a dog a bone...
- Probabilities R Us
SMCI Days are coming backA new Bull run on SMCI is near if Semi's overall momentum is intact and SMCI fundamentals and earnings really improve. As SMCI CEO, they are pretty active in marketing and promoting its liquid-cooled server racks. They are the suppliers to TSLA after Dell, and they are also suppliers to many sovereign clients.
My last trade idea ran for good and made an excellent profit. Please like & share if it makes sense to you.
1100 never gets oldIt still off from new highs and has a lot of room to run off the trend line resistance, but I think it breaks through that and makes its way back to 4 figures.
Triangle Consolidation Endingtriangle consolidation ending + bullish kumo breakout. quite the measured move if this does play out. might be fantasyland but trade setup is clear. probably get a split on this if we do breakout >$1,000. gotta hope SMCI doesnt issue/sell more shares like they did earlier this year.
entry: accumulate when confident, add on breakout, add on bullish kumo twist
exit: 1.618 + measured move = $1755-2200
stop loss: below daily Cloud = <$750
NFA
SMCI Long IdeaSMCI just broke a downtrend it had been in for several days. If it holds I'd expect to see a move higher, targeting all the previous support/resistance levels above. $928 would by first target, followed by $1,000. If it were to fall back below $815 and $780, that would be a nice short opportunity IMO.
SMCI Is about to RecoverSMCI found support on a bullish order block yesterday. The recovery was confirmed by a market structure shift in the subordinate time unit M5.
We therefore expect the SMCI share to recover soon.
SMCI - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
The share Super Micro Computer (SMCI) can now multiply again.Technical Analysis of Super Micro Computer Inc. (ticker on Nasdaq: SMCI)
The Super Micro Computer (SMCI) share shows a very strong development within a long-term rising trend, and now the share can face further strong growth within this rising trend.
In recent months, the share has consolidated within a large triangle consolidation formation, and a break from this consolidation formation will trigger a strong technical buy signal for the share.
There will then be little technical resistance to a further rise for the share, and lead up around the upper trend line in the long-term rising trend within which the share moves.
This indicates a potential for the share up to USD 4,000, and preferably within just the next 6-12 months.
The share closed on Friday 05 July 2024 at a price of USD 846.58, so the potential for the share can be very large.
The overall technical picture for the share is very positive, and indicates that there may soon be such a break from the recent large consolidation formation, and that further upswing within the rising trend may come in the next 6-12 months.
The share now finds support around the 50-day moving average, and from the overall technical picture for the share, it is now indicated that a break up from the aforementioned large triangle consolidation formation may come within a short time (1-2 weeks).
The share is now down towards the lower trend line and support level in the steeply rising long-term trend within which the share moves, and the share appears as a very interesting buy candidate at the current price level.
With a potential perhaps up to around USD 4,000 in the 6-12 month term, and with a share price today of USD 846.00, and with a stop-loss at, for example, USD 700.00.
Yes, there is a very good risk-reward ratio here for this share case here with Super Micro Computer Inc. (SMCI).
Here it is well worth keeping a close eye on this share, Super Micro Computer Inc. (SMCI), in the time to come, the undersigned believes.
$SMCINASDAQ:SMCI setting up for 900, I think we see a nice gap up on Friday or next week. Close out the day strong as well.
Not sure about this oneI was in this name and left because of uncertainty. SMCI is a risky stock IMO. My views below.
Bull case: Bull Flag breakout. NVDA pullback and capital flows into SMCI could send share prices soaring up to 1800.
Bear case: Bear Flag. NVDA pullback and fear causes people to exit riskier low capital AI stocks.
Sellers in SMCISMCI cannot bounce, every time it gaps up, sellers push it down. It is not acting like it did on the way up.
$SMCI ready for a new breakoutNASDAQ:SMCI Primed for a breakout to new highs. Moves in tandem with NASDAQ:NVDA
