Dick Elinor
02-18

$SUPER MICRO COMPUTER INC(SMCI)$ Not gonna speak of their fundamentals. I'm simply looking at the chart itself, only technicals.

I spot a huge MOAT (Mother of All Trendlines) here and the name is rearing it's head towards it.

If it can break this very notable green area of resistance which it looks like it might, almost certain it will test the 200dma and the MOAT around $53-54 next.

Then we re-evaluate there.

SMCI Roller Coaster: Are Risks Mounting?
Despite hitting a record $7.22B in quarterly revenue, Supermicro faces mounting risks—nearly 60% of its revenue comes from just two clients, 73% of receivables are under pressure, and a $150M financial gap needs fixing. Goldman Sachs’ latest report highlights valuation concerns. ----------------- As a shadow stock of Nvidia, which do you think is a better "buy the dip" opportunity—SMCI or Nvidia? Is SMCI's valuation reasonable? What is your target price for SMCI?
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

Leave a comment
1
129