SMCI is pumped up to the stars on 100% pure speculation.
SMCI - Super Micro Computer, Inc. has been on an absolutely incredible run for quite some time. However, the sheer amount of FOMO that has rushed into this stock has literally driven it to the moon on nothing but pure speculation. But that momentum is about to come to an abrupt end!
Here soon, you're going to see the buying flip to selling as the shorts start to enter into massive short positions. As the price falls, stop after stop will be taken out in rapid succession, causing longs to panic and add to the selling...
First, it will drip, then it will start to gush, then a spark will ignite, and within hours the whole shithouse will go up in flames!
When this collapses, millionaires will be made in a matter of hours, and many longs will become bag-holders squared!
Watch...
Here soon, you're going to see the buying flip to selling as the shorts start to enter into massive short positions. As the price falls, stop after stop will be taken out in rapid succession, causing longs to panic and add to the selling...
First, it will drip, then it will start to gush, then a spark will ignite, and within hours the whole shithouse will go up in flames!
When this collapses, millionaires will be made in a matter of hours, and many longs will become bag-holders squared!
Watch...
Comment:
A closer look of the price action for the past few weeks on the 15 min chart.
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Zooming out on the weekly chart to give you a better perspective of how pumped this stock has become. Does this look sustainable to you?
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This may be one of the best opportunities to short a stock in history! And entering a position will be riskier than walking on fishing line stretched between two sky-scrapers!