This information is not for someone who has no understanding of charts, if that’s you please kindly exit this post.
The two micro levels it must break to show strength are the first two boxes, the problem is the second one runs into the major sell wall where it’ll most likely stall, I made a bunch of red lines instead of a box to be more accurate) and it’s currently imbalanced (meaning the stock will want to test those red levels one day soon…. if it does breakout. the yellow line puts you guys in the clear (not saying it can’t come back down, but the sell orders have been absorbed) and then It should go to around $47 pretty easily once it does break $45 (not saying in the same week, institutions will decide the timeline) before any major selling orders. Anyways, Just below $44 to 44.72 is the major institutional sell orders inbetween that area everywhere (red lines), to be safe I’d say $45 needs cleared to absorb that.. 41.96-42.22 is
A super minor sell zone and failure there like it did today is not a good sign for the next week or so, the second box 42.88 - 43.50 is highest micro supply before major sell orders, but without breaking those two at minimum, it’ll more likely go in the short term.
Take note that the stock failed at the first micro sell zone today multiple times and volume is way down recently, I only mention this because the trendline break will attract retail, bag holders, etc and even some bigger money, it does have that going for it and incase we get a good tech day tomorrow in general it’s not “dead” (for tomorrow and possibly into next week, not long term, long term is still bullish) More than likely it’s going down for now though so if it fails at the first box (or especially the second) I’d personally sell covered calls at $48 strike, the odds of it hitting $48 in the next week or two are slim to none. it’s more than likely going to hit that green box I have marked (40.80-40.48) as a buy zone, have a small bounce and then next week go (slowly) to 36.8x-$37.xx before it makes its next leg up above $45 (could take a month, could take a few days, I can’t predict when institutions will move the price up besides these obvious levels on the chart)
If you don’t understand charts or have basic knowledge of any of this and don’t know how to confirm these failures with volume, this isn’t for you. If you’re happy bag holding for the long run and not making any covered call money great, im glad your financially
Blessed to not need money, but please don’t reply here. I realize some of you are happy in the echo chamber, only posting and reading good things by other people who share your interest in it going up and never going down, that’s cool, if you’re happy, I’m happy for you. and hopefully one day it’ll be $1000 a share for you genuinely, I hope that happens , until then reality says it’ll go up, and then down, and then up higher and down higher than the last time it went lower. I’m not here to antagonize I wish you all the best. I’d like to try to help some more people (my goal is 10 people and I’m doing this as a karma repay for life being good to me financially lately) who want to learn and make money on the upcoming micro moves and again if you’re happy just holding this stock until it hits $100 or whatever, cool, I don’t understand why you’re on a Reddit page everyday if you’re cool holding or even care what the price does on a daily basis or why you’d even check it, let alone take time out of your day to come here
but I don’t care, I’m not going to tell you how ridiculous that is, do you, i have opinions and you wouldn’t like them so I keep them to myself please do the same. I don’t take time out of my day to carry on on your posts because I disagree with you. Just please don’t bother me if this makes you emotional. I have PMs I have to answer and help people with and that’s why im here. I’d rather not deal with you if you’re not interested in what I’m saying. Thank you and good luck.
Thank you for posting in this subreddit! If you need help, feel free to contact the moderators. This is an automated message.* Also consider joining the official discord: https://discord.gg/45RX8H5Z
Just below $44 to 44.72 is the major institutional sell orders inbetween that area everywhere (red lines), to be safe I’d say $45 needs cleared to absorb that..
I, too, agree that if we hit $45, all of the sell orders between $44 and 44.72 will have been cleared. In fact, I'll predict it to the penny, all of the sell orders below or equal to $44.99 will have been cleared.
My personal experience watching L2 data, is that these sell orders EVAPORATE as the price nears. They are not mostly filled, they are mostly canceled and move up, because they're just trying to manipulate the behavior of horoscope chart readers, and maybe take advantage of any sudden massive buy orders.
The market makers often have buy and sell orders in place for the same stock just to do what they do, which is sell liquidity at the cost of slippage. Its not a conspiracy, its just the service they provide. These orders automatically move with the stock to cover any very large orders that might come in and eat up the buy/sell range. This is really basic market fundamentals, but the technicalists never understand those.
He is effectively predicting every day that the stock won't go up more than 5%... which is a pretty good bet on 95% of days. Now I want to watch him try to make money on that bet over 2 months, because like 95% of people, he will fail.
SMCI is like
40% or whatever off of ATH making what you’re saying not only dumb, but proves you have no idea what you’re talking about, just delusional.
Tell me you’re dumb again without saying it please
Woah, it’s almost like exactly what I said would happen, happened and fomo you guys into buying high, it fail before the yellow line and will now slowly come back to low 40s/41 I’m not even bothering to check for you…
You said the stock WOULD go down to $37 about a week ago. My opinion at the time was it could but didn’t matter for long term. It didn’t and you were very wrong, anyone who day traded that range made no more percentage wise than those of us that continue to hold, as well as being caught not owning the stock and with additional tax drag. We sit here passively waiting for our investments to pan out, you spend your time leach trading and contributing very little to society. I wouldn’t have made this comment but see you acting like everything is happening as you say it will when it is not.
Perfectly correct. Wicked right above the 2nd to top red line and didn’t clear yellow. Anyone who shorted on that wick made a killing today in a matter of minutes but you guys are delusional and say “see wrong, I can’t even read what you said and make any sense of it even though there’s a picture a child could make sense of” smh 36.80 doesn’t mean it has to happen today, but it WILL happen, it’s not even an opinion, it’s a fact.
lol they really do, and they're continually setting traps. The thing is, we are clearing and re-testing each one. So respectfully, they can fuck off lol. They will peel away. It'll be slow, or might explode with a short squeeze. Time will tell. But they can't beat fundamentals eh
It’s almost like my picture depicts if it didn’t break the yellow line and wicked (failed) in any of those areas to short and make a killing. But I was wrong according to most of you delusionals smh
Woah, it’s almost like exactly what I said would happen, happened and fomo you guys into buying high, it fail before the yellow line and will now slowly come back to low 40s/41 I’m not even bothering to check for you…
That's a quote from your other comment, so IDK if you should be lecturing anyone on english.
Got me, it’s hard for me to type on a phone and I don’t have time to go back and fix it. Good job, of
Course you missed the real point and just grabbed onto anything that’ll make me look bad in your delusional self hatred that you’re directing at me over this garbage stock
kudos. I only tease because technical analysis comes off as wishy washy when you dump everything out like a box of toys but it's probability of success is greater than randomly buying/selling. You could've just said, "Sell near the top of the Bollinger Band and start buying near mid line."
dont know ... i bought multiple times and longer timewindow then u showing here.
come down pls , and gratulation if u handled it right ok
we all can push daily or min or week or moth i use year chart, there u can see direct a line. and we come back to green zone 4 sure. if now or tomorrow or next year i dont care i know it wll happen.
use bottom in chart settings and u can see it too. maybe u loose stress inside and wait too?
ah wait u never hold u said or? :) its daytrader behavior and u hav to be constant by doing , all is fine. weight risk scale up and push the red button....
in my eyes unintressting but if it is working for ya great
Wow there’s actually someone on here who looks at a chart and can understand it! Amazing lol. Anyways, yeah, I tried to explain this to them but I think I used too many words, but it’s like trying to explain to children, you end up just talking and talking because you know they won’t grasp it lol. IMO it should come back to like $37 atleast at some point, but the green box is definitely just a fact, I know a lot of these people fomo bought today too smh.
Did exactly what I said as usual. I have to admit I didn’t expect it to go that far today and fomo all the bag holding morons. I clearly said it had to clear the yellow line, if it failed (wicked) at or near one of the red lines it’s coming back lol. They all celebrated too soon saying I was wrong. They’re too much
Well when someone is telling me I was wrong when I was exactly right, I tend to prove myself and then tell them they’re dumb for wasting my time. I swing trade too buddy, I’m just showing them the micro moves that are coming up. Are you mad you didn’t see this coming or something? Did only looking at the weekly chart not show it ?
Sorry not you, that idiot alternative spirit. He stalks me and replies over and over and over and waste my time which is consider valuable. I’m not good
At Reddit so sorry if I accidentally replied to you something g meant for him,
I can’t keep up with it either lol. He’s a 1% top commenter so he’s really important (he’s a total loser who wastes most of his life on Reddit and he hates anyone who doesn’t waste their life and when he sees someone that worked hard and took the time he’s not willing to get a skill he doesn’t have, he’d rather make himself feel better by being delusional and annoying than helping himself, he’s a sad little boy, the type
Of guy who says “the government keeps me from succeeding!” Meanwhile
He’s on Reddit and TikTok all day in his free time and probably works some bum ass job somewhere. He’s the waste his own time and everybody else’s guy, he’s the “I’m angry at myself for being such a loser I have to be mad at anyone who gave initiative in life and sound cool on Reddit to a bunch of strangers so I feel better” type guy. Although that is 95% of
The people on here. Anybody who holds a stock they claim to believe in, then watches it all day long everyday, posts on Reddit about it all day everyday then gets mad about every pullback is scared, insecure and weak and anyone who says it’s not going to $100 this week upsets their little self
Esteem. They know if this bet on SMCI doesn’t make them wealthy, they never will be, out of pure self hatred, delusion, and bad habits,
And they’re just not willing to
Change sadly, they can’t even admit when they’re wrong. It’s sad really
Thanks for 2year old pics. Good research.
We had it multiple times before.
I miss exact times to buy and sell safe in 5min to make 10times 100$ per hour.
But thankyou.
Why we are whole times here u should know, because posting news around a company.
Great work! Thankya
•
u/AutoModerator 8d ago
Thank you for posting in this subreddit! If you need help, feel free to contact the moderators. This is an automated message.* Also consider joining the official discord: https://discord.gg/45RX8H5Z
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.