$SUPER MICRO COMPUTER INC(SMCI)$ I am not bullish yet. Can’t have one single reason of one analyst upgrade pumping to 10%, just the AI pump is back. No fundamentals at this point. The wedge when it breaks, can add a small portion for moving forward. Currently risked 1 option PUT 2 month expiry. Will decide to keep it or sell for loss by end of this week.. Short term volatility and I am expecting move in either direction - 950$ and 1050$ both are possible to be touched by Friday..
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments