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$SMCI (+1,59 %) a cyclical stock with AI opportunities

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RSI (14) is around 50-55 - indicating neither overbought nor oversold conditions.


The same chart pattern is forming as for Tesla. Symmetrical triangle 🚀

02.10
Super Micro Computer logo
Acheté x45 à 43,24 €
1 945,58 €
10
4 Commentaires

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Symmetrical triangle: the price can also break out to the downside. That's why I would have waited for at least the breakout
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@Sansebastian I agree with you. But if they break out, I buy more expensive and I couldn't forgive myself for that. And when they fall, I buy more. It's always worked so far. Tesla is the best example. And you have to take a bit of risk on the stock market 😁
Always these discussions about curves to end up discussing that the price is rising or falling
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@TobR That's why we buy on the stock market, isn't it? We want a return. And that's why I want to be able to use fundamental analysis and chart technology to estimate the price trend to a certain extent and improve my risk/reward ratio. Not only fundamentally strong stocks are traded on the stock market. Look at Tesla, Palantir and Droneshield. That is speculation.
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