MACD and RSI shows similarities to the exuberance we saw in February. MACD is still below levels that helped push the price to $60+... Can it go there? Opening moves remain critical, given limit sell triggers.
Short position is 21% and short ratio is 1.4. We may see an epic squeeze as many will scramble to cover.
SMCI has low P/E, so whichever way you are looking at it, good moment to buy for long, for those swing trading this, time to nibble and take profits!
Enjoy the ride
Short position is 21% and short ratio is 1.4. We may see an epic squeeze as many will scramble to cover.
SMCI has low P/E, so whichever way you are looking at it, good moment to buy for long, for those swing trading this, time to nibble and take profits!
Enjoy the ride
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