A Semiconductor stock which is a booming and potential industry for a long term view has emerged with one of the best technical setup.
Setup: Multi year (24 years) of consolidation and breakout with volume. This coupled with retest.
Can't ask for better stock
-> Growth Sector
-> Mid Cap, potential to become a Large cap stocks
-> Fundamentally good stock with good revenues and profits
-> Leader: During November 2021 when tech stocks started correcting/consolidating, SMCI was making all time high (ATH)
-> Technical chart Patterns
-> Last 2 weeks Big investors were accumulating these stocks and allowing to fall bellow...
