SMCI - builds the data centers for AI and is hotter than hot
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.
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.
Anmerkung
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 isthe bullish continuation that will reward my patience.
Trade ist aktiv
This has been an insane week. Will it continue?Anmerkung
An interesting article documenting how tight this stock is with NVDAmoneycontrol.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
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.