$Super Micro Computer (SMCI.US)$ I'm not a buyer of this sto...

that being said I know there's a huge amount of buyers here so right around $31.15 plus or minus is where you're going to want to buy it.

chip stocks are being accumulated on weakness and sold on the rallies and ultimately the accumulation is going to lead to higher levels of support and the rallies will lead to higher prices in the future.

which means there's an upward bias towards all chip stocks so whether you like this company and I would tell you if you got the balls to trade this by The leverage ETF 2X because that swings big time.. or you can buy soxl that's under accumulation it bounced off just above its 20-day moving average..

so if you're waiting on this one I would seriously tell you to look at the leverage 2x ETF because if you can catch that bounce that trade for a couple of days you're talking about a 40 to 50% return on your money