not too late to add position before it takes off in next few weeks
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aims to identify stocks with rock solid growth fundamentals with 10x potential. also dabbles a little bit in trading
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102328260 : To how much will it fly ?
avk 23 102328260 : Dont listen nobody really knows
avk 23 102328260 : Above 900 is risky already
102328260 avk 23 : Ok noted
103587782 avk 23 : Usually premarket rise so much open will crash
MomentumPython1337 OP avk 23 : and what is the basis for your 900 figure? just gut feeling?
even using PEG ratio SMCI's is only 0.8x (NVDA is 1.7x, FAANG are 2-3x, APPL is 6x), with the new deals with Japan AI data centers + elon musk, in the short-medium term I see a good buying opportunity here.
no one can predict if the price will rise when market opens tonight but I'm not here for 1 day trades. i am willing to hold it for next few weeks to months
MomentumPython1337 OP 102328260 : I can't give you a price target but you can use indicators like EMA or BOLL to decide when to take profit or stop loss. it's up to your risk tolerance. as I said I'm not here for short 1 day 2 day gains so I'm not looking for the perfect technical entry point.
avk 23 MomentumPython1337 OP : It might not follow the market like the last bull run very unpredictable.
102940442 : if u ever notice, smci has been moving up by quite a lot since few days back.