SUPERMICRO COMPUTERS $SMCI |SUPERMICRO TO SUPER BEARISH Dec13'24
SUPERMICRO COMPUTERS 
SMCI | SUPERMICRO TO SUPER BEARISH Dec13'24
When to enterSMCI:
SMCI BUY/LONG ZONE (GREEN): $39.00 - $48.00
SMCI DO NOT TRADE/DNT ZONE (WHITE): $34.85 - $39.00
SMCI SELL/SHORT ZONE (RED): $18.50 - $34.85
SMCI Trends:
SMCI Weekly Trend: Bearish
SMCI Daily Trend: Bearish
SMCI 4H Trend: Bearish
SMCI 1H Trend: Bearish
SMCI has been spiraling downwards for weeks. We finally saw price come to life just this past month, but the bearish trend has continued. The break below 40.00 confirmed the bearish trend for me, and I will look to see price either continue below 34.85 or try to create some type of support here. Bulls should be eyeing a break above the 39 - 40 level to try to gain some momentum. My trend indicators are also all pointing to the downside.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, smci, supermicro, supermicrocomputers, audit, failedaudit, passedaudit, smciearnings, smciaudit, smciearningsreport, smcianalysis, smcitrend, smcipattern, smciprice, smcitrade, smciidea, supermicrotrend,
SMCI | SUPERMICRO TO SUPER BEARISH Dec13'24When to enter
SMCI:SMCI BUY/LONG ZONE (GREEN): $39.00 - $48.00SMCI DO NOT TRADE/DNT ZONE (WHITE): $34.85 - $39.00SMCI SELL/SHORT ZONE (RED): $18.50 - $34.85SMCI Trends:SMCI Weekly Trend: BearishSMCI Daily Trend: BearishSMCI 4H Trend: BearishSMCI 1H Trend: BearishSMCI has been spiraling downwards for weeks. We finally saw price come to life just this past month, but the bearish trend has continued. The break below 40.00 confirmed the bearish trend for me, and I will look to see price either continue below 34.85 or try to create some type of support here. Bulls should be eyeing a break above the 39 - 40 level to try to gain some momentum. My trend indicators are also all pointing to the downside.This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, smci, supermicro, supermicrocomputers, audit, failedaudit, passedaudit, smciearnings, smciaudit, smciearningsreport, smcianalysis, smcitrend, smcipattern, smciprice, smcitrade, smciidea, supermicrotrend,
Note
Rebound off 34.85 and back down!
1h:
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Publications connexes
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.
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Publications connexes
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.