$SUPER MICRO COMPUTER INC(SMCI)$ SMCI is definitely one to keep an eye on right now—this stock's been pretty quiet, but the signs are there that it’s gearing up for a big move.

My gut says it could dip to around $31-33 first before we see it shoot back up and retest that $60+ level. But hey, I could be wrong, the market’s unpredictable. Either way, with the price breaking out above that ascending wedge, things are looking pretty bullish.

A target of $63+ seems realistic if this momentum keeps up—watch for a possible breakout soon!

# SMCI Offers $2B Notes: Is -10% Overreaction?

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet