SMCI seems nice

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SMCI seems to have nicely retested the OTE level from the Daily MMBM, so my current target levels are the -2/-2.5 standard deviation levels. The image shows my entry levels and potential target prices.

Let’s also analyze the stock fundamentally—why could it go higher?

Fidelity, the third-largest asset manager in the world, initiated a new position in Q4 with 9.6 million shares valued at $460 million USD.

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