📈 NASDAQ: SMCI | CMP: $40.28 | Target: $50 - $69 | SL: $30
🔍 Analysis:
Super Micro Computer (SMCI) is showing a strong recovery from its recent lows near $18.76. The stock has been in an uptrend and is now testing the key resistance level at $50.02. A breakout above this level could trigger a strong upside move.
Key Levels:
✅ Support: $18.76 (previous bottom)
✅ Resistance: $50.02 (breakout zone)
✅ Target 1: $50
✅ Target 2: $69
✅ Long-term Target: $121
Technical Indicators:
✅ Price breaking downward trendline – Bullish signal
✅ Trading above 50 EMA – Indicates strength
✅ Increasing volume – Accumulation before breakout
✅ MACD turning bullish – Momentum shifting up
💡 Trade Plan:
Entry: Above $50 on breakout confirmation
Stop-Loss: Below $30
Target 1: $50
Target 2: $69
Long-Term: $121
🚀 If SMCI breaks $50 with volume, expect a strong move toward $69+ in the coming weeks. Keep this on your watchlist!
📊 Like & Share if you find this analysis useful! 🔥📈
🔍 Analysis:
Super Micro Computer (SMCI) is showing a strong recovery from its recent lows near $18.76. The stock has been in an uptrend and is now testing the key resistance level at $50.02. A breakout above this level could trigger a strong upside move.
Key Levels:
✅ Support: $18.76 (previous bottom)
✅ Resistance: $50.02 (breakout zone)
✅ Target 1: $50
✅ Target 2: $69
✅ Long-term Target: $121
Technical Indicators:
✅ Price breaking downward trendline – Bullish signal
✅ Trading above 50 EMA – Indicates strength
✅ Increasing volume – Accumulation before breakout
✅ MACD turning bullish – Momentum shifting up
💡 Trade Plan:
Entry: Above $50 on breakout confirmation
Stop-Loss: Below $30
Target 1: $50
Target 2: $69
Long-Term: $121
🚀 If SMCI breaks $50 with volume, expect a strong move toward $69+ in the coming weeks. Keep this on your watchlist!
📊 Like & Share if you find this analysis useful! 🔥📈
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.