So far, we’re seeing a strong entry on 
SMCI following the 1:10 stock split at the beginning of October. The stock has experienced a relief pump of about 20%, which is a solid move in the right direction. 🔥
Super Micro Computer announced on Monday that it’s currently shipping over 100,000 graphics processors per quarter. Additionally, the company introduced a new suite of liquid cooling products, which further fueled its shares, pushing them up 14% after weeks of slumping. If these gains hold, Super Micro is on track to add more than $3 billion to its market value.
At this point, the first resistance level has been met, and we are closely monitoring how the stock reacts. IfSMCI can reclaim and stay above this level, it will likely move toward the next resistance area, offering more potential for upside.
As always, we’re keeping a close eye on developments and will update you with any new moves.
SMCI following the 1:10 stock split at the beginning of October. The stock has experienced a relief pump of about 20%, which is a solid move in the right direction. 🔥Super Micro Computer announced on Monday that it’s currently shipping over 100,000 graphics processors per quarter. Additionally, the company introduced a new suite of liquid cooling products, which further fueled its shares, pushing them up 14% after weeks of slumping. If these gains hold, Super Micro is on track to add more than $3 billion to its market value.
At this point, the first resistance level has been met, and we are closely monitoring how the stock reacts. If
SMCI can reclaim and stay above this level, it will likely move toward the next resistance area, offering more potential for upside.As always, we’re keeping a close eye on developments and will update you with any new moves.
Trade active
Open Position Update - Super Micro Computer (SMCI)A lot of noise is going around
SMCI lately but as always we are planning the trade and trading the plan. We were ready for anything pushing the stock lower into the 32-21$ area and now here we are. We normally don't do knive catching and we are better off without it but a plan is a plan and we have a wider stop loss and we don't trade noise as we don't know what is going on behind closed doors. We have some big and nice positions up and running and we can risk
SMCI being the next Wirecard. Now being at the POC it is a crucial area to hold and the next weeks are going to decide the being of $SMCI. Always manage your risk and don't fall in love with a trade or bias, just trade/invest it ✅
Note
We truly believe in SMCI and in our position, and are going to adjust our stop loss here lower playing this with a soft stop loss so it means we are waiting for a close below it to close it manually then. For us personally this additional risk is ok to take on because of other positions going well. We hopefully should see a trend reversal soon and at least a recovery after this crash.Note
Our adjusted stop loss was just on point. We are up on our position, as we sticked to our strategy and won, once again. Thank you and congratulations to all. Here comes the update:
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