SMCI is a market-leading stock. As a key player in the AI space, Super Micro is currently an institutional favorite.
Shares tripled in 45 days between April and June, and the stock is finally pulling back.
This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.
Shares tripled in 45 days between April and June, and the stock is finally pulling back.
This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.