Super Micro Computer, Inc. (SMCI) has had a parabolic run, but to me, it’s looking a bit like a bloated pig on stilts. Amidst the geopolitical tension with China and the Taiwan situation, it's a precarious spot for U.S. tech.
If the republic of China political mandates starts get inforced by the PRC of China policing into Taiwan and this start to hold up the chip facilities things are shaky..
SMCI’s got a gorgeous bear flag pattern going on, with the 325/200 EMA crossover giving the green light for a swing trade. The ATR is low, so expect more of a slow bleed rather than a dramatic drop—think death by a thousand cuts.
This is the Second Flag ive caught, I believe its a magnet to the yearly level (Orange)
If the republic of China political mandates starts get inforced by the PRC of China policing into Taiwan and this start to hold up the chip facilities things are shaky..
SMCI’s got a gorgeous bear flag pattern going on, with the 325/200 EMA crossover giving the green light for a swing trade. The ATR is low, so expect more of a slow bleed rather than a dramatic drop—think death by a thousand cuts.
This is the Second Flag ive caught, I believe its a magnet to the yearly level (Orange)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.