SMCI on Watch

232
Looking to buy a pullback to .50 fib or a breakout and retest above today's high, $46.92.

Why:
  • Relative strength compared to SPY.
  • Bullish MACD
  • All EMAS pointed upwards
  • Consolidating for weeks


The breakout is not ideal since the Risk/Reward is only 1.43. May not enter that if there is not strong volume.

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