Thoughts on $SMCI's recent pump?

asked by u/ortiz_lucas · 1mo · 2 answers

That $SMCI move today is pretty wild (+15.28%). Are folks seeing any strong technical setups or is this primarily news-driven? Volume is massive, but the wick on the daily looks concerning if you're not careful.

Join the full discussion

Top answers

  • u/johnson_marcus· 1 pts· 1mo

    Definitely news-driven in my opinion. The AI hype is real, but that wick is a good heads-up. Might need to see if it consolidates before any strong directional play.

  • u/jihu_y· 0 pts· 1mo

    The technicals were already looking strong before today, the news just gave it that extra push. I'm watching for a retest of support now.

Related questions