SMCI golden cross setup is bullish; expects upside to ~$45 after breaking 42.31 resistance.
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So, on SMCI, we are looking at a potential golden cross. You can see on Friday, look at that, the uh 50 SMA is testing that 200 SMA, and if it flips, creating that golden cross, favoring a nice move higher.
Now, if SMCI can push higher, you're looking for an entry, you get in. Well, where the next couple levels of resistance that I'm watching here on SMCI? First one, boom, right here.
42.31. It is that high pivot just from the other day back on uh Thursday, the 13th of August. That would be approximately 13% higher if it can push up into there. One, I anticipate resistance.
And two, let's say you break it, you could be headed to this 45 around this $45 level with all this kind of price action here.
So, this is certainly something that's going to be on my radar immediately here for SMCI. All right?
All right? So those are my plans. Plan A, SMCI golden cross, bullish.
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