$smci is having a day imo, kinda wonder what sparked that move

By notadvice21 ยท

Tickers: $SMCI

$SMCI is having a day imo, kinda wonder what sparked that move

2 likes

Discussion (20)

waltersilicon: smci move not so big imo, just semis sector rotation ๐Ÿ™

nodelitho: guys, not sure i buy the sector rotation thing, $SMCI's move looks more earnings driven to me

incomereit: idk whats going on with $smci but teh momentum is pretty crazy right now

touchgrass21: actually i think its just a dead cat bounce, been seeing some volatility in $smci for a while now

watchlistholdings: sha, kinda wild to see that pop up out of nowhere ๐Ÿ“‰

nodelitho: dont think its that surprising guys, smci's been due for a bounce after last quarters earnings

plain_swing: yeah i was just looking at that guys, kinda crazy

eren: lol weird move for a monday morning or?

takumidivs: a bit surprised by $SMCI's move, kinda makes me think something is brewing under the surface, a bit intriguing actually

sith91: sorry, imo it's not that weird considering $SMCI has been underperforming its peers lately, so maybe this is just a catch-up move.

holdingthebag3: @sith91 not sure i buy the catch-up move narrative, seems like there's more to it than just playing tag with peers tbh

gatsbybinary: lol i dont know whats goin on with $smci but this move is crazy i havent seen anything like it in awhile

karamkt: ngl, i think it's more than just a random spike, $smci's been getting some decent coverage lately and that's probably what's driving the move ๐Ÿ‘€

cole_holdings: tbh thats a fair point but i still think $smci's got some underlying momentum going on ๐Ÿ™

krato5: @cole_holdings i'm telling you the charts are screaming something's up with $smci, tbh the techs are lining up in a way that's got me really intrigued right now

takumidivs: a bit surprised by that assessment, seems to me $SMCI is just tracking with the sector movement, don't see anything too out of the ordinary here

quietfibs: honestly not that impressed with the move, volume is pretty lackluster imo

matt_income: looks like their yield is still pretty attractive to me, imo

x_leon: @takumidivs i dont think its just sector movement tbh, $smci's volumes are alot higher than usual today itself

nodelitho: @takumidivs guys i dont think its just sector movement, been noticing some unusual option activity in $SMCI lately

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