$Super Micro Computer (SMCI.US)$A nice Symmetrical Triangle as we like them. The only negative thing I see here is the "death cross" with the 20 and the 50MA, which could lower the stock price towards 23-24$, near the 200MA or the previous fibonacci level... But remember here that when it's "meme stock" or stock like that, Technical Analysis works less than with "normal stock". $Defiance Daily Target 2X Long SMCI ETF (SMCX.US)$
XSpace
:
SMCI has shown a strong rebound from the key support level of 17.25, with rising momentum backed by bullish indicators such as a KDJ crossover, upward-moving averages, and expanding Bollinger Bands. The surge in trading volume reflects growing investor confidence, positioning the stock for a potential breakout above 29.50.
XSpace : SMCI has shown a strong rebound from the key support level of 17.25, with rising momentum backed by bullish indicators such as a KDJ crossover, upward-moving averages, and expanding Bollinger Bands. The surge in trading volume reflects growing investor confidence, positioning the stock for a potential breakout above 29.50.
Mrstocksplitsundae : this is hilarious... using charts that's cute....but completely irrelevant.....thanks for the joke of the day... ..
GorakhNGupta : Dude, Fundamental don't work in adverse situation, 20,50,200 MA will never be able to predict the next move for SMCI situation
Kevin Matte OP : lolllll
Mrstocksplitsundae : time to sell boys...50%up I'm going christmas shopping ... have fun risking those profits...