$SMCI is trading at a Forward P/E below 15 while sitting on roughly $39B in orders.
The management issues have weighed on sentiment, but the company remains a key player in the AI infrastructure boom.
I'm starting a position today.
Bullish or bearish from here?
We got the pullback as planned for $RKLB, went 5$ lower than expected and recovering the gap on H4.
Doesn't change the plan, still very bullish from this point.
@wave3trades $SOFI coming to its first support at 17.5$ and nice liquidity zone to recover above around 19$
That would be a 8% move.
Also very bullish.
@bennybigbull Yes sitting at its support, $RKLB could be reverse here
And the fact that it's a very sharp move down also increase probability of reversal.
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