Hello Traders,
on February 24th I wrote this analyzes for SMCI→
tradingview.com/chart/SMCI/PxKgfaah-SMCI-Who-is-kidding-whom-were/!
The price target I called out, more than 5 months ago, was achieved and undercut the last days!
Yesterday's closing price was @ $ 492.70, the pre-market today suggest price levels @ $480.-!
If the move from $1229.- indeed has been a waves w-x-y, the price target for a wave c of y of (4) is much steeper than today's levels.
Contrary to the w-x-y count, there could be a chance for waves a-b-c. In this case, the final price target for a wave c of (4) is short @ hand!?
Keep in mind. A wave w-x-y is always an "a-b- (1-2-3-4-5) →c"!
We will follow the stock and track it in the coming days ahead! Probably a great chance is waiting for the bulls.
Have a great week.....
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.
on February 24th I wrote this analyzes for SMCI→
tradingview.com/chart/SMCI/PxKgfaah-SMCI-Who-is-kidding-whom-were/!
The price target I called out, more than 5 months ago, was achieved and undercut the last days!
Yesterday's closing price was @ $ 492.70, the pre-market today suggest price levels @ $480.-!
If the move from $1229.- indeed has been a waves w-x-y, the price target for a wave c of y of (4) is much steeper than today's levels.
Contrary to the w-x-y count, there could be a chance for waves a-b-c. In this case, the final price target for a wave c of (4) is short @ hand!?
Keep in mind. A wave w-x-y is always an "a-b- (1-2-3-4-5) →c"!
We will follow the stock and track it in the coming days ahead! Probably a great chance is waiting for the bulls.
Have a great week.....
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.