Alex Puffin On Two Smokes
06-18

@Barcode：
$SUPER MICRO COMPUTER INC(SMCI)$ SMCI Update: Cup and Handle Breakout Potential Super Micro Computer, Inc. (SMCI) is currently trading at $873.02, and it’s flirting with a critical level of $872. This price action signals a potential breakout from a Cup and Handle (C&H) chart pattern, which traders love for its bullish continuation implications. What’s Brewing with SMCI? 1. Cup and Handle Formation: - Cup: Think of this as the market taking a nice rounded sip, indicating consolidation with a dip followed by a recovery. - Handle: A slight dip or pullback forming the handle, showing a brief pause before the next move up. 2. Breakout Level: - $872 is the magic number. Trading above this confirms the bullish breakout, setting the stage for potential higher targets. 3. Analyst Buzz: - Analysts are buzzing with excitement, setting targets well above $1,000. They see about a 40% upside from the current levels. 4. Why It Matters: - SMCI’s earnings are through the roof, with strong revenue growth thanks to their AI servers. A key partnership with Nvidia is fueling this growth, making SMCI a hot ticket. Key Points to Watch: - Sustained Trading Above $872: A solid indicator of a bullish trend. - Volume: Increased volume would validate the breakout, showing strong buying interest. - Market Sentiment: Keep an eye on broader market trends and news in the AI and tech sectors that could impact SMCI. The Bottom Line: SMCI is at a critical juncture. If it can hold above $872, we might see a significant rally. The Cup and Handle pattern combined with positive analyst sentiment makes this stock one to watch closely. Stay ahead, keep informed, and watch those charts! This could be your next big win in the market game! For a deeper dive, check out the latest on InvestorPlace and MarketBeat. Happy trading ahead . Cheers, BC 🍀
$SUPER MICRO COMPUTER INC(SMCI)$ SMCI Update: Cup and Handle Breakout Potential Super Micro Computer, Inc. (SMCI) is currently trading at $873.02, and it’s flirting with a critical level of $872. This price action signals a potential breakout from a Cup and Handle (C&H) chart pattern, which traders love for its bullish continuation implications. What’s Brewing with SMCI? 1. Cup and Handle Formation: - Cup: Think of this as the market taking a nice rounded sip, indicating consolidation with a dip followed by a recovery. - Handle: A slight dip or pullback forming the handle, showing a brief pause before the next move up. 2. Breakout Level: - $872 is the magic number. Trading above this confirms the bullish breakout, setting the stage for potential higher targets. 3. Analyst Buzz: - Analysts are buzzing with excitement, setting targets well above $1,000. They see about a 40% upside from the current levels. 4. Why It Matters: - SMCI’s earnings are through the roof, with strong revenue growth thanks to their AI servers. A key partnership with Nvidia is fueling this growth, making SMCI a hot ticket. Key Points to Watch: - Sustained Trading Above $872: A solid indicator of a bullish trend. - Volume: Increased volume would validate the breakout, showing strong buying interest. - Market Sentiment: Keep an eye on broader market trends and news in the AI and tech sectors that could impact SMCI. The Bottom Line: SMCI is at a critical juncture. If it can hold above $872, we might see a significant rally. The Cup and Handle pattern combined with positive analyst sentiment makes this stock one to watch closely. Stay ahead, keep informed, and watch those charts! This could be your next big win in the market game! For a deeper dive, check out the latest on InvestorPlace and MarketBeat. Happy trading ahead . Cheers, BC 🍀
# Winning Trades

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.

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