$SMCI
Added 2024-10-28 16:21:02 +0000 UTCHolding above the 50 Day MA now at $47 and there is a small creep towards the $49 level again.
An official date has not been announced for the earnings report but it could drop this week.
There is risk here but I like the reward potential for the limited risk on offer (a drop down to $35)
I am holding a position right now and will add again with a break and hold above $49.
A fast move back to the 200 Day MA is expected if their audit is released with the all clear.
