SMCI Stock (Super Micro Computer stock) SMCI stock PREDICTION SMCI STOCK analysis SMCI stock news

mr. sicko Trading

18 Aug 202401:16

Summary

TLDRIn this stock analysis, the focus is on Super Micro Computer Inc. (SMCI), currently priced at $28.80. The speaker discusses the stock's potential for an upside move, emphasizing the importance of a price breakout on the 2-hour chart. Key levels to watch are a full candle close above $64 and below $54, indicating a significant price movement. The speaker also mentions a 'pink level' zone where the stock is in a no man's land, suggesting caution. For those interested in the strategy, a free tutorial is available in the description, with all reviews being five stars.

Takeaways

📈 The speaker is analyzing the stock of Super Micro Computer (SMCI) with a focus on its potential movement in the short to medium term.
💰 The stock is currently priced at $28.80, and the speaker notes that fluctuations are normal for this stock.
🔄 The speaker mentions that the stock is in a retrace phase and is looking for signs of an upside move.
🚀 For an upside move to be confirmed, the stock price needs to break through resistance levels, specifically on the 2-hour chart.
📊 The speaker is waiting for a full candlestick close above $640 and below $540 as indicators of potential interest in the stock.
📉 The speaker avoids interest in the stock when it's within a 'pink level' zone, which seems to be a specific area of the chart.
📚 The speaker offers a free strategy for those interested, which can be found in the video description.
🌟 The speaker's strategy has received all five-star reviews, indicating a positive reception from its users.
🤔 The speaker emphasizes the importance of waiting for the right chart patterns before making a decision on buying the stock.
📅 The analysis is focused on the next few days, weeks, and months, indicating a medium-term investment perspective.
🔍 The speaker is using a specific charting strategy, likely involving candlestick patterns and resistance levels, to make their analysis.

Q & A

What is the current price of Super Micro Computer stock mentioned in the transcript?
-The current price of Super Micro Computer stock mentioned in the transcript is $28.80.
What is the general trend observed for Super Micro Computer stock?
-The general trend observed for Super Micro Computer stock is that it sometimes comes lower, but there is a potential for upside moves if it shows a retrace.
What is the significance of a 'retrace' in stock analysis?
-A 'retrace' in stock analysis refers to a temporary reversal of a stock's price movement, which can indicate a potential for an upside move if the price breaks double time towards the upside.
What is the timeframe the speaker is focusing on for the stock analysis?
-The speaker is focusing on the 2-hour chart for the stock analysis, as it holds the structure they are interested in.
What are the specific candle close conditions the speaker is waiting for?
-The speaker is waiting for a full candle close above 640 and a full candle close below 540 to indicate a clear direction for the stock.
What does the speaker mean by 'OM man's land' in the context of the stock analysis?
-The term 'OM man's land' is not a standard term in stock analysis and may be a colloquialism or a specific term used by the speaker to describe a neutral or uncertain zone in the stock's movement.
What is the difference between the two candle close levels mentioned by the speaker?
-The difference between the two candle close levels mentioned by the speaker is 100 points, with one level at 640 and the other at 540.
What strategy does the speaker suggest for analyzing the stock?
-The speaker suggests a strategy that involves watching for specific candle close levels on the 2-hour chart and avoiding making decisions when the stock is in a neutral zone.
How can viewers learn the strategy used by the speaker for free?
-Viewers can learn the strategy used by the speaker for free by checking the link in the description of the video, as mentioned in the transcript.
What is the sentiment towards the strategy shared by the speaker based on the transcript?
-The sentiment towards the strategy shared by the speaker is positive, as indicated by the mention of all reviews being five stars.

Outlines

00:00

📊 SMCI Stock Analysis: Buy or Wait?

The script discusses the analysis of Super Micro Computer's stock, currently priced at $28.80. It mentions the normal fluctuations of the stock and the analyst's approach to looking for potential upside moves. The focus is on identifying a retrace and a possible upward trend, which would be confirmed if the stock breaks double time to the upside. The analyst is waiting for a full candle close above $64 and below $54, indicating a significant price movement. The script also refers to a 'pink level', suggesting a zone of uncertainty or indecision. The analyst invites viewers to learn the strategy used for free by checking the description of the video.

Mindmap

Keywords

💡Stock Analysis

Stock analysis refers to the examination and evaluation of a company's stock to determine its potential for growth or decline. In the video, the speaker is performing a stock analysis on Super Micro Computer, Inc. (SMCI), discussing its current price and potential future movements, which is central to the video's theme of investment decision-making.

💡Buy or Not

This term is a common question in stock trading, asking whether a particular stock is a good purchase at the current time. The script mentions 'Monday is it a buy, or not,' indicating the speaker's intention to evaluate if SMCI is a suitable investment option on that day.

💡Retrace

In financial markets, a retrace refers to a temporary reversal in the price of a stock after a significant price movement. The speaker mentions looking for potential upside moves during a retrace, suggesting that after a price drop, there might be an opportunity for the stock to rise again.

💡Upside Moves

Upside moves describe the upward direction of a stock's price. The script discusses the conditions under which the speaker would expect an upside move in SMCI's stock price, which is a key consideration for investors looking for profitable entry points.

💡Double Time

While not a standard financial term, 'double time' in this context seems to refer to a confirmation of a trend's strength through a breakout pattern. The speaker mentions 'breaking double time towards the upside,' which implies looking for a strong signal that the stock price is ready to rise significantly.

💡2-Hour Chart

A 2-hour chart in technical analysis represents the stock's price movements over two-hour intervals. The speaker specifies that they will focus on this time frame for their analysis, as it provides a balance between short-term fluctuations and longer-term trends, which is crucial for making informed trading decisions.

💡Candle Close

A candle close refers to the closing price of a security at the end of a specific time interval, as depicted on a candlestick chart. The speaker mentions waiting for a 'full candle close above 640' and 'below 540,' indicating specific price levels that would signal a change in the stock's trend.

💡Price Zone

A price zone is a range within which the price of a stock is expected to move. The script refers to a 'zone that I would not be interested in,' which is the range between the two mentioned price levels (640 and 540), suggesting that the stock is in a neutral or indecisive state within this range.

💡OM Man's Land

This term is not a standard financial term and seems to be a colloquialism used by the speaker to describe a situation where the stock's direction is unclear or uncertain. It is used to caution against making investment decisions without clear signals.

💡Strategy

In the context of the video, a strategy refers to a systematic approach or method used by the speaker to analyze stocks and make trading decisions. The speaker invites viewers to learn their strategy for free, indicating that it is a key component of their analysis process.

💡Photo Sy

While not explicitly clear from the script, 'Photo Sy' seems to be a reference to a source or method for learning the speaker's strategy. It is mentioned in the context of providing additional information or resources, suggesting it may be a website or educational tool.

Highlights

The current price of Super Micro Computer stock is at $28.80.

The stock's price movement is subject to normal fluctuations but is expected to show potential for an upside.

A retrace in the stock's price could indicate a possible upward movement.

For potential upward moves, a break above a double-time frame to the upside is anticipated.

The 2-hour chart is the preferred time frame for observing the stock's structure and potential moves.

The stock is currently just beneath a high point, indicating a possible upcoming move.

A full candle close above $640 is a condition for considering an upward move.

A full candle close below $540 is a condition for considering a downward move.

There is a $100 difference between the two key price points of $640 and $540.

The current price zone is not of interest for investment without a clear signal from the market.

The stock is in a pink level, which is considered an 'OM man's land', indicating caution.

A strategy for analyzing the stock is available for free, as mentioned in the description.

The review has received all five-star ratings, indicating a positive reception.

The speaker will provide further analysis in the next video or transcript.

The transcript provides insights into the stock's potential movements in the short and long term.

The analysis is based on technical indicators and chart patterns, rather than fundamental analysis.

The speaker emphasizes the importance of waiting for market confirmation before making investment decisions.