Super Micro Computer Inc. (SMCI) gave us an excellent sell opportunity two months ago (March 08, see chart below) that allowed us to short on time and target perfectly the 1D MA100 (red trend-line on the chart below, green trend-line on the one above):
The 1D MA100 has so far held twice successfully but even if it breaks, don't be alarmed as this will most...
SMCI is following a very even descending resistance line .
As per the chart watch out for a breakout and only make an entry upon breakout of this resistance line
as per recent earnings its good value at the moment (770 ) to get in and accumulate
it can come down to 710 and next support is 670
anything between that value is a very good value to accumulate...
Super Micro Computer Inc. (SMCI) is about to complete a 10 straight green week streak if the 1W candle closes bullish today. This is a highly impressive feat that not only it hasn't done before but only a few stocks have managed to do historically. On the other hand, this may be a signal that yet again, SMCI is time to take a breather.
Why? First because it has...
