Head and Shoulders & TD Sequential Set Up. 🤔 SMCI Can buy the dip?
Although $Super Micro Computer (SMCI.US)$ is not one of the Mag seven, it is one of $Intel (INTC.US)$ main competitors. 🖥️ However, its recent performance is also not very optimistic. ![]()
Currently, the first stage of $Super Micro Computer (SMCI.US)$ TD Sequential has completely emerged with 9 candles, and the 13 buy countdowns are also showing signs. 📉
Moomoo latest analysis of $Super Micro Computer (SMCI.US)$ also points out that now, a possible Head and Shoulders formation on the daily chart suggests a potential for longer-term weakness. ![]()
Click below can view the detailed article![]()
As a rare timing technical indicator in the market, TD Sequential is likely to capture the turning point of individual stocks at low or high levels. Its core use is to help us effectively escape from the top area of stocks and accurately grasp the bottom opportunities of stocks. ![]()
![]()
In Moomoo's previous teaching, it is mentioned that although the TD Sequential can be a helpful indicator to answer the question “When a potential price reversal might occur,” it cannot tell “If a price reversal will certainly occur.” ![]()
![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
