TESLA & SMCI: the tail of Semis vs EV stocks.
Tesla has had a beautiful bounce off support.
This bounce comes on the back of a strong market, charging higher.
If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown.
SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings.
after gapping up 30% on its pre guide, its now up another 10% in the afterhours.
The semis seem to have an unlimited amount of capital flowing into them.
Look for an intra day short opportunity (day trade) on SMCI
This bounce comes on the back of a strong market, charging higher.
If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown.
SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings.
after gapping up 30% on its pre guide, its now up another 10% in the afterhours.
The semis seem to have an unlimited amount of capital flowing into them.
Look for an intra day short opportunity (day trade) on SMCI
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