Sep. 30 at 1:17 AM
$SMCI In early Sept, 200 dma (blue line) acted as the support, and once it rebounded, 20 dma (red line) has been the support for over 3 weeks now and recently 50 dma (green line) has been the resistance.
I already have sizable
$SMCL shares that I picked up gradually in last few weeks, so once SMCI looks poised to break and close above the 50 dma, I’ll add
$50 or
$55 Jan calls just before market close that day.
$SOXL $SMCZ $SOXS