SMCI - builds the data centers for AI and is hotter than hot

7 thg 6, 2023

Super Microcomputer is on hard run up trend- at its all-time high, this stock is demonstrating

a high tight bull flag pattern. In a massive move SCMI is up 180% YTD five months so on pace for

400% annualized. Most experts expect more of the same. It is currently resting in consolidation

( the tight channel of the pattern) The zero-lag MACD shows the lines about to cross over the

histogram. I will watch this stock for either a bullish continuation or a pullback. Its

fundamentals are outstanding and its collaboration with NVDA will carry it far. I will wait

for a great entry and take a big bite. This stock's P/E makes it an incredible bargain.

7 thg 6, 2023

Ghi chú

I failed to mention that the typical high-tight bull flag pattern typically has another leg up in bullish continuation after the flag part which is the consolidation. It is
the bullish continuation that will reward my patience.

24 thg 2, 2024

Giao dịch đang hoạt động

This has been an insane week. Will it continue?

26 thg 2, 2024

Ghi chú

An interesting article documenting how tight this stock is with NVDA

moneycontrol.com/europe/?url=https://www.moneycontrol.com/news/business/markets/the-ai-server-provider-company-to-nvidia-jumps-by-201-percent-in-2024-so-far-12345651.html