SMCI – Falling Wedge Breakout Setup | 2–4 Day Swing

22 Mei

We're watching SMCI on the 30-minute chart forming a textbook falling wedge pattern. Price is compressing under the breakout line, with RSI flattening and volume fading – a classic pre-breakout structure.

Entry Trigger:
Above $42.00 with confirmation.

Targets:

TP1: $46.00

TP2: $48.00

Invalidation:
Break below $39.50 – setup is off.

Trade Notes:

Volume dry-up = energy build-up

RSI in reset zone (~36) = potential momentum shift

2–4 day swing idea based on breakout + momentum

"We don't force trades – we prepare for them."

28 Mei

Dagangan aktif

UPDATE – Setup Review & Exit Strategy
The falling wedge breakout setup in SMCI triggered briefly above $42.00 as expected, but failed to hold momentum.
Key observations post-entry trigger:

- Price action fell back under breakout level
- Volume faded after the pop
- RSI cooled off sharply
- EMA structure lost on the 30m

As planned, no entry was taken without clean confirmation.

Summary:
- Plan worked: Avoided a false breakout

- No forced entry = no damage

⏸ Watching for possible reaccumulation / base formation

What we learned:
“We don’t force trades – we prepare for them. And when they don’t confirm, we move on.”

Next up: EVAX & ATAI under review.

28 Mei

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