SMCI

The first one I want to talk about is Super Micro Computer, ticker SMCI. So, SMCI, they essentially design and build AI server systems. Those are the the racks of hardware that go inside data centers to run AI workloads.

They're built around chips from the likes of Nvidia, AMD, and others. and their data center building block solutions architecture essentially lets customers configure servers modularly rather than having to buy these very rigid prefixed systems.

Someone wants our thoughts on SMCI. >> I haven't looked at it in weeks, man. Did it explode with Dell or opposite? Let's see. >> Not SMCI. I mean, it's been moving up. They had a nice earnings report. I remember we did play it that night.

The issue here is the issue everyone knows about is is credibility and is there under the closet with um they they audited themselves and they came out and said they're perfect angels. Remember that?

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.