$SMCI and $DELL are behaving almost identical right now.
Both pulled back together to their 0.5 Fib and 200 Day MA over the last week and both found support here, then bounced yesterday.
Wave 5 for $SMCI is almost 100% gain from here if it can make a higher high above March's high, fundamentals are still strong here too, along with $DELL's
I am in $AMD so I prefer $DELL right now to $SMCI, but all three are worth considering
Abdul R.
2024-08-01 12:46:09 +0000 UTC