SMCI - Getting ready for a take off

2024年6月12日

SMCI has pulled back from the peaks, now it's trying to catchup with it's peers.


Long anywhere here

Target#1 1000
Target#2 1260

Stop Loss 650, it's little wide but that's the level to invalidate this move.

2024年6月13日

交易進行

Loaded heavy yesterday. AVGO earnings and split news made this as the next bet
Heavy volume from the opening.

2024年6月20日

交易進行

Target #1 1000 hit with Elon's single tweet.

2024年6月21日

交易進行

What a move !! but faded quick.
Expecting a pullback upto 850’sh.

2024年6月27日

交易進行

Added more this morning after reversal confirmation

2024年7月8日

交易進行

Strong move today

2024年7月14日

交易進行

Look at this beautiful bull flag and the NASDAQ inclusion news right after the Friday's close. We can see good momentum now. Now, pending catalyst is ' The Split'

2024年7月25日

交易結束：達到停損點

The Long trade failed miserably with the Semis sell off. This might be the trajectory. if SMCI finds support around 700'sh a relief bounce can happen. If 700 fails, we can see 630'sh

2024年8月7日

註釋

Earnings and Split news didn't do much good. Let's see tmrw how this opens and trades. If we loose the 500 level , the next stop would be 380-400sh

2024年8月29日

註釋

The worst isn’t over yet imo but we can see a bounce here if no more bad news .
If NVDA continues to slide down, this one follows. More of a macro than technicals.