Super Micro Computer, Inc.
做多
已更新

Super Micro Computer (SMCI): Time to buy in after a -70% drop!

2 975
Since our first analysis a while ago, we've been inching closer and closer to our target area on $SMCI. Since then, we've seen a price drop of 40%, which is far from irrelevant, with the stock retracing nearly 70% from its peak. We're witnessing a clear and recurring pattern here—what we call the "staircase to hell." Each push to a level has been met with rejection, which is exactly why we see a buying opportunity forming.

We are now making our first bid here as a market entry. This is intended to be a swing trade that we plan to carry into 2025, with a target of reaching previous highs again. Therefore, we're not worried about getting a "perfect" entry within 1-2% but instead setting a DCA bid a bit lower for an optimal position if SMCI comes down further.

Below the market entry, there's an important Fibonacci cluster that combines the 200% target of Wave C, the 78.6% retracement of Wave (2), and a target for Wave ((v)), all aligning well. With these multiple levels coinciding, there's a strong possibility we will see the price reach this zone. If so, we’ll place another bid to buy more shares.

If SMCI manages to flip the first resistance, we expect it to move up quickly. As we always say, patience is the key to successful swing trading—don’t let greed or fear cloud your decisions 🤝.
交易开始
Our trade is active and a 1:10 stock split happened. You can find an update following the link.

Super Micro Computer (SMCI): Strong Entry After Stock Split

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。