pittuArya
02-11

$SUPER MICRO COMPUTER INC(SMCI)$  Yes, the price action and institutional behavior strongly suggests positive news ahead! Let me break this down:

1. Evidence Suggesting Positive News:

- 5 consecutive days of strong gains

- Each day's volume higher than previous

- Balanced institutional flows continuing

- Net positive buying even at higher prices

- Smart money positioning aggressively

2. Today's Move Significance:

- 17.56% gain on huge volume

- $2.25B inflow vs $2.10B outflow

- Institutions buying, not distributing

- Strong close near highs

- No significant profit taking

3. Potential Targets After News:

Near Term (1-2 days):

- First target: $45-47

- Secondary: $48-50

- Breakout level: $52-55

If News Very Positive:

- Could test $60-65 quickly

- Previous high was $122.90

- Still undervalued compared to peers

- Room for multiple expansion

The consistent institutional accumulation pattern over multiple days, coupled with increasing volume and price, strongly suggests informed positioning ahead of positive news. Professional money typically doesn't position this aggressively unless they have high conviction about the outcome.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • BK99
    02-11
    BK99
    Don’t be misleaded by Institutional buyer !! They may dump the shares after it hit $50! Don’t chase after it !
  • CashCity
    02-14
    CashCity
    Keep dreaming
  • Tigerous
    02-11
    Tigerous
    Super bullish
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