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Stock to Watch: $SMCI
Supermicro is starting to setup.
$SMCI was one of my biggest winners last year.
Unfortunately, it had some accounting issues. But it’s still one of the main beneficiaries of the AI infrastructure build out. And right it looks like it might be ready for its next move higher.
This is a classic VCP or volatility contraction pattern with clear accumulation.
Previous Updates
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- Market Update: The Next Quantum Leap
- A Few Portfolio Changes
- Weekly Market Update: New Month, New Opportunities
- Market Update: Compute, Compute, Compute
- Weekly Market Update: The Bulls March On
- Adding Two New Positions
- Market Update: The Energy Shock
- Weekly Market Update: The Green Giant
- Market Update: The Crypto Bill
- How to Handle Speculative Market Periods