extremely easy buy on super micro computerin the old idea we gained 99% from the bottom, in another old idea called head n shoulders on smci short, we gained a 100%+ profits , now its time to go long harder, here is my chart, watch my old ideas, usually i don't write here, just look the chart, open the broker, and go long, another big ass opportunity is asml, check my profile.
MS51 trade ideas
SMCI NICE SETUP This Weekly FORECAST
Opportunity for SMCI. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
SMCI Long Setup (4H Timeframe)
🚀 SMCI Long Setup (4H Timeframe) 🚀
🔍 Trading Plan
This setup aligns with Elliott Wave theory, showing potential for Wave 5 development supported by the demand zone and Fibonacci retracement/extension levels.
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📉 Trade Details
- Entry: ~$34.93
- Price is near a demand zone, aligning with the 0.5 Fibonacci retracement level of Wave (4). This suggests potential upward momentum as Wave 5 begins to form.
- Stop-Loss : $30.24
- Placed below the demand zone and 0.618 Fibonacci retracement of Wave (4) to protect against invalidation of the setup.
- Take Profit Targets:
1. Target 1: **$42.37**
- Corresponds to the 0.618 Fibonacci extension of the projected Wave 5.
2. Target 2 : $47.53
- Matches the 1.0 Fibonacci extension of Wave 5, indicating full potential completion of this wave.
3. Target 3 : $55.90
- A higher price level within a supply zone, representing an extended Wave 5 target.
📊 Wave 5 Development
The price action suggests that Wave 5 has strong potential for development. Elliott Wave theory predicts that Wave 5 is the final impulse wave in the trend, which could align with broader bullish momentum and demand zone confluence. Wave 5 is projected to reach key Fibonacci extension levels, marking potential profit zones.
📊 Risk-Reward Ratio (RRR)
T1: ~1:1.3
T2: ~1:2.3
T3: ~1:3.6
Trade smart and may the market favor your strategy! 🚀
**⚠️ Disclaimer**
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and you should only trade with funds you can afford to lose. Always conduct your own analysis and consult a financial advisor.
#Wave5 #DemandZone #ElliottWaveTheory #TradingPlan
$SMCI surged by 78% ! A comeback or final rally?
Technically, NASDAQ:SMCI is overall moving in a bearish market, and it just be rejected by the resistance level of downtrend line and the high price of previous gap down candle with high volume.
In this case, the price may continue to go bearish if it could not break above the resistance level.
From the aspect of fundamental analysis, there is also a high possibility for NASDAQ:SMCI to go bearish due to the two reasons below.
Evident 1:
SMCI’s drop was driven by financial fraud, with its auditor, Ernst & Young, resigning. Additionally, NVIDIA is shifting its orders away from SMCI. And the price had a short-term callback since the company only recently found a new auditor, BDO, and submitted a compliance plan to Nasdaq.
It’s worth mentioning that NASDAQ:SMCI has experienced a similar situation before. Back in 2019, SMCI faced multiple delisting warnings from Nasdaq for failing to submit its 10-K report and other financial documents on time. Ultimately, SMCI was delisted for not meeting reporting requirements and moved to the over-the-counter market to continue trading. After improving its internal controls and financial reporting, SMCI was able to rejoin the exchange in 2020.
Evident 2: NASDAQ:SMCI doesn’t have any monopolistic products and its offerings are highly replaceable. Several auditing firms have been gradually lowering their ratings and pricing since August, and SMCI has long been heavily dependent on NVIDIA's GPU chips. This dependence is evident, as about 70% of SMCI’s production costs rely on NVIDIA components. Now that NVIDIA is shifting its orders to other suppliers, even if SMCI has found a new auditor and successfully submits a strong Q3 report, its future will largely depend on whether NVIDIA decides to return its orders.
Therefore, the recent surge over the past few days could be due to NASDAQ:SMCI creating a breathing space for itself, namely by submitting a compliance plan to Nasdaq. Regardless of whether it can meet the requirements, submitting the plan serves as a temporary measure to buy time. This move has sparked market enthusiasm, but that enthusiasm is likely to fade. If NVIDIA does not shift its orders back and if SMCI ultimately fails to submit compliant financial reports as outlined in its plan, the recent rise in stock price may turn out to be a short-lived rally, or what could be called a final dance.
SMCIIt seems you are referring to a strong investment opportunity in the stock SMCI in the American market, with a potential rise ranging from 40% to 70%. The technical analysis you mentioned, such as the downward channel and the clear divergence on the MACD indicator, can suggest a possible trend reversal."The decision now depends on whether you are an investor or a trader. I see that the $24.5 level is excellent for investors as it aligns with the 200-day moving average on weakly frame, targeting a 100% profit At least with a 20% stop loss. However, if you are a trader, we might wait for a price action signal around $33, aiming for $44."
SMCI one of the most high value opportunity on the Stock MarketSMCI: Bridging Gaps, Powering Growth!
Super Micro Computer Inc. (SMCI) has nailed two key market gaps at 22.85 and 38.14, proving its strength and resilience. These milestones aren’t just numbers—they’re launchpads for SMCI’s explosive growth in high-performance computing. With innovation driving demand, SMCI isn’t just playing the game—it’s redefining it. Stay ahead—SMCI is the stock to watch!
Targets covered :
1. 23.85$ Per Share
2. 38.14$ Per Share
3. 49.49$ Per Share
4. 63.45$ Per Share
5. 85.03$ Per Share
6. 97.36$ Per Share
The 1st and 2nd targets have been of extreme importance because they were very key gaps that we caused by Fundamental events connected with SMCI, which have already been covered, so we are moving in a strong motion towards our next stop at 49.49$ Per share, please join my group of which we follow up in depth this Stock and many more!!
Super Micro Computer (SMCI): Could this be 2024’s comeback?Could we be witnessing one of the most remarkable comebacks of the year?
NASDAQ:SMCI surged an incredible 123% in just eight trading days, turning our position back into profit—a scenario that seemed unlikely not long ago. This highlights how patience in trading often pays off. The key reclaim of the Point of Control (POC) at $26.59 is a pivotal development. It’s crucial that NASDAQ:SMCI remains above this level as the week ends, which could also mark a significant monthly close.
On the technical side, NASDAQ:SMCI was oversold on the 3D timeframe for the first time since March 2020, which may partly explain the rapid recovery and increased buying pressure.
Fundamentally, last week marked the stock’s best five-day stretch on record following the appointment of BDO as its new independent auditor. This move, combined with a submitted compliance plan to Nasdaq, aims to address the delayed filing of its annual 10-K and quarterly 10-Q forms—previously threatening delisting.
If NASDAQ:SMCI successfully files these reports, investor confidence could soar, potentially driving the stock much higher. However, failure to meet these requirements could result in a sharp sell-off. While we could have added at the bottom, patience remains critical as the situation evolves. ✅
Purely technical idea for SMCINASDAQ:SMCI looks to be returning to a demand zone and will likely begin accumulation and absorption at this level. Over the coming months, I would keep an eye out of discounted buying opportunities at these price levels.
For those looking for the best profit margins, they can wait for price to reach the red line. This would allow for a smaller stop loss. But the risk is price may not reach these levels at all.
SMCI Super Micro is at value levels, but has risksAt one point, SMCi had under 10 pe, and was near tangible book value.
The headlines were scary and bad, with possible delisting due to delayed financial reporting.
With new auditor and plan to get back on track with reports, SMCi could be a bargain. However, because of the risk, sizing small would be wise.
Deep Value Metrics:
1. high earning yield- was over 10 earnings yield at one point, and forward yield for 2025 is attractive, forward pe is under 9 now.
2. was near tangible book value. Tangible book value is 8.70, stock hit 17 at one point.
Growth-
1. analysts expect 30% earnings growth this year and next.
2. industry is seeing high growth expectations due to ai data center demand.
Technicals-
1. crossing 30 ema would be bullish technical signal
2. crossing 200 ma would confirm new bullish trend.
SMCI Short IdeaI haven't bothered trading SMCI since my short on it earlier this year. This thing actually almost went to $0. It just bottomed out finally and had a nice broadening wedge breakout. Looks like it's about time to short it again. It may head up to the gap fill at $32.20, if so I'll look for more puts. Entering anywhere in this area is good for a move back down to the $21 area.
Risky play, will need to exit quickly if it doesn't reject at $32.20.
SMCI Possible Play's Again my cus trades stocks so I figured I would post what I charted up for him. When looking at possible play's you will need to go down to a 2min time frame to get your entries. With the gaps in these stocks it can be difficult to find entries with so much missing data. maybe I don't pay enough to see it . I cannot post lower time frames and zones but set up 30min wick highs / lows -zones 3 candles back and you will see the support and resistance
This is MY idealized Chart for SMCI long term ...This is MY idealized Chart for SMCI long term ...
Still millions short this company
meanwhile the Adani Group, a recent victim of the Hindenburg Report has recovered. Prices went back up already, to the pre raid level with the exception of two that are on the way up.
SMCI is lead by this very hard working man with a sterling reputation, "Charles Laing", an inventor with multiple patents and 9 critical patents for this segment. Read them you will understand.
What happened here is a terrible thing, massive capital destruction that should have no place in the market. One of these days, I hope a huge investigation takes place. For now the Adani Group was cleared from all accusations. SMCI will follow suit
SMCI AnalysisAt this stage, fundamentals take precedence when analyzing SMCI. While the chart reveals a clear Fibonacci retracement at the current price level (~$28), this also aligns with a strong resistance zone. Historically, such levels represent pivotal decision points for the market, and breaking through this level will require substantial momentum backed by positive fundamental developments about the company.
Recently, we saw a price spike after SMCI announced the appointment of a new auditor (BDO USA) and confirmed that it had filed the necessary compliance reports to meet Nasdaq requirements. This was a major step for the company, signaling its commitment to rebuilding trust and stability. From this point onward, good news is the only way forward if SMCI aims to achieve a strong stock price recovery.
The current price action reflects the significance of this area, with the stock potentially finding a base here. If upcoming news or developments favor the company, this resistance could be breached with strong bullish momentum. A breakthrough could trigger a rapid upward move, presenting a substantial opportunity to reach the $45 level—a key target that aligns with the next Fibonacci zone and historical price action.
In conclusion, while technicals suggest this is a critical point, the fundamentals will ultimately dictate the direction. Investors should stay alert for further updates, as the upside potential towards $45 is significant if the company continues to deliver positive news.