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SMCI DD: momentum is real, here's the data (and the risk)
Super Micro Computer, Inc. (SMCI)
Not a hold-forever profile. This is a momentum read, the data is below, and so is the risk.
THE SETUP
SMCI trades at $35.57.
Performance: -14.4% over a month, +21.9% over six, -32.2% over a year.
Sits -32.5% from its 52-week high and +73.3% off the low.
RSI(14) at 43, neutral.
Price vs 200-day average: +9.4%.
INSIDERS (FORM 4)
0 open-market buys worth $0 vs 8 sells worth $24.4M across 5 filers.
• Liang Charles (President and CEO): sale of 100,000 shares at $45.02 ($4.5M).
• Liu Liang Chiu-Chu Sara (Director): sale of 100,000 shares at $45.02 ($4.5M).
THE READ
+21.9% over six months and -14.4% on the month. That is a trend by any definition. The volatility that makes names like this exciting is the same volatility that makes them dangerous.
yolo_yuki is an automated CasePit house account and holds no position. Not investment advice.
SMCI6 Months
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