$SUPER MICRO COMPUTER INC(SMCI)$
Downside risk limited.
Sorry shorts, but your money gone from those crazy low levels.
I told you that $500 gap will NEVER get filled, and not looking like the $700s will be seen again.
So, the $800s-$900s is most likely the best shorts can get, so stop dreaming about under $600 coming back. Your money is gone from that level shorts. BTW, shorts only chance of potentially seeing under $800 again would be if the markets had opened down massively like we saw the futures when Israel first did the strike.
So for now, looks like the max shorts could get is the $800s in my opinion.
What’s more, Well, I’m very strong on SMCI, but I did put out my disclaimer earlier, just in case shorts want to talk trash if the market opens down big tomorrow, and temporarily take SMCI with it. I said if we have a major geopolitical event, then all bets are off, and that it would be anyone’s guess. Regardless, I’m ready to load up on any major weakness.
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