SMCI held up wonderfully on the 
QQQ sell-off on Thursday, demonstrating relative strength on the daily chart. Long from $888, which was the intraday VWAP on Thursday, the middle of the four-hour 100 linear regression channel, as well as the weekly 20 SMA. Next week, there is room to recently weekly highs of $1000, followed by the weekly upper Bollinger Band at $1090 on continuation.
NDX and 
NDXE inclusion on 7/22/2024 should provide a bullish catalyst this week, and Super Micro Computer may also be a candidate for a stock split like 
NVDA 
AVGO and 
MSTR Trade closed: target reached
SMCI was closed on the push to the upper daily Bollinger Band around $950. All positions are managed with a breakeven stop after reaching an initial target.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.