Sep. 10 at 1:55 PM
$SMCI Next target is 50 dma near
$48, then it’ll be over all 3 key moving averages (20,50,200). Still betting that we’ll see
$55 to
$60+ by end of the year. Look at
$ORCL’s multiple mega AI cloud computing deals, which will require lots of servers from various sources. I don’t think Oracle is an exception, but rather AI growth in the industry has plenty of room to run and SMCI will benefit.
$SMCL