SMCI has crashed from this years highs, a good 80%.
To me it sounds like the worst has happened. And while we may see some positivity this EOY that can help us reach new ATHs, we must remain aware of the risk the broad economy poses.
Target is 130+ short term, with one more 50%+ drop coming right after.
I would make sure I have the funds ready to scoop up shares if such a scenario happens. As the second dip doesn't look as bad as the first one.
After that SMCI will resume its lifetime bullish climb, and keep on going for as long as the bull market lasts.
To me it sounds like the worst has happened. And while we may see some positivity this EOY that can help us reach new ATHs, we must remain aware of the risk the broad economy poses.
Target is 130+ short term, with one more 50%+ drop coming right after.
I would make sure I have the funds ready to scoop up shares if such a scenario happens. As the second dip doesn't look as bad as the first one.
After that SMCI will resume its lifetime bullish climb, and keep on going for as long as the bull market lasts.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.