Super Micro Computer Inc. (SMCI) has experienced a remarkable surge in its stock price, starting the year at $285 and astonishingly breaking the $1,000 mark, closing at $1,004. This represents a significant increase of over 220% since the beginning of the year and 207% in the last month alone. The stock's daily Relative Strength Index (RSI) reached 97, a rare occurrence only matched by one other company in history. Despite this meteoric rise, SMCI faced a sharp decline, falling from $1,075 to $875, a 15% drop in just 10 minutes after briefly surpassing $1,000 per share. This volatility has sparked discussions among investors, with some viewing the stock as potentially overvalued, while others remain bullish on its prospects.
Where do you think $SMCI goes from here?
Just wow $smci https://t.co/qU7bGXtdfI
$SMCI GOES DOWN 10% AND SUDDENLY EVERY PERSON HERE CLAIMS TO HAVE SHORTED THE EXACT TOP LMAO
Since open, $SMCI has fallen 14%, or around $220 dollars in thirty minutes. You can check net premiums on Unusual Whales to see how options whales are playing it. https://t.co/clKYMpNeow
$SMCI at levels not seen a day ago!
Super Micro $SMCI is now under $900 https://t.co/DSIcXmAVld https://t.co/PaOnywZwZ3
$SMCI just fell by $200/share, from $1075 to $875, in a matter of minutes. High-beta goes both ways!
$SMCI LMAO. I canโt.
BREAKING: Super Micro Computer stock, $SMCI, falls 15% in 10 minutes after briefly crossing above a record $1,000/share. Just yesterday, we noted that $SMCI had a daily RSI of ~97, the second ever stock to do so. The first was Gamestop, $GME, in January 2021 on the exact dayโฆ https://t.co/d9iLRoRbd2
$smci lotto puts omg
$SMCI (-7.75%) starting to dumping, green to red at the open https://t.co/kJ2sIexcLi
FUCKING HALT IT $smci
WHY ARENT THEY HALTING IT??? $smci
HALT IT ALREADY $smci
What's your end of year price target for $SMCI?
SMCI has doubled this month and is up 230% in the last month. It's now larger than 375 of the S&P 500 components.
Added $SMCI puts letโs fkingn do this
SMCI going for 99 RSI today.
Super Micro Computer finished the day with an RSI of just under 97, the highest level since Gamestop $GME in early 2021, and look how well that turned out. $SMCI is currently on a 9 day winning streak! https://t.co/t5Tg6BQsmL
$SMCI closed at $1,004 today. ๐ฅ๐ฅ๐ฅ The 1st tweet about $SMCI we made was on Nov. 15, 2022. We highlighted a big winning catch of $SMCI by Wolf Hill Capital. ๐๐ผ Then $SMCI closed at $86.89 on 11/15/22. Soon the stock had been traded as low as $69.02 on 1/19/23. The reset isโฆ https://t.co/SpF9Eaz5sg https://t.co/VYPaHmOXnT
This is absolutely insane: The daily RSI on Super Micro Computer, $SMCI, just closed the day at 97 as the stock pushed above a record $1,000/share. There is only ONE company in history that has managed to mark a daily close with a daily RSI above 97. Which company was it? Itโฆ https://t.co/Lkod69ddn8
$SMCI ah shit, the top is in https://t.co/tKC9fBOjKZ
$SMCI This is hard for me to believe, but my best guess is it hits $1530 ish for another 49%! Crazy! ๐คช https://t.co/3IGbvDoekU
Of course, $SMCI is up after hours another 3%
$SMCI started the year at $285. It has now broken $1,000, closing at $1,004 today. In the last month, it is up 207%. https://t.co/jzN7pcMLcr
Target hit $smci https://t.co/lSpMiPZTHK
$SMCI HAS JUST HIT $1000 IT WAS UNDER $100 JUST A FEW MONTHS AGO https://t.co/PqZn0tDLdm
$SMCI Spot 1,000+
$SMCI just ticked $1,000 Congrats to all you crazy people who are still long! ๐พ https://t.co/sVe1fDB1du
$SMCI is now trading over $1,000 per share... https://t.co/SDqlkLYUwv
Super Micro $SMCI just hit $1K ๐ ๐ https://t.co/lg9tq0PDJ7
$SMCI Super Micro briefly over $1,000. https://t.co/F2s0BfaDNv
$SMCI insane! but this just the start! https://t.co/m3812tusMS
$SMCI is +71% in 10 days https://t.co/kbGqRzSFhY
Is $1,000 going to be the magic number for $SMCI at options expiry?
$SMCI #alert set at $999.99 ๐ https://t.co/YzxUQDn0Dt
$SMCI to $1000 https://t.co/18SpPuQ3At
$SMCI ENCROACHES ON $1,000 ***
$SMCI bears https://t.co/vjShv5bApN
Super Micro $SMCI is up another 12% today as shares approach $1,000. They were at $311 less than a month ago on 1/18. Market cap is now up to $55 billion.
$SMCI Congrats you rat bastards. Just had to get to $1,000 didnโt ya!? https://t.co/bfvGNgzmfY
This. $SMCI https://t.co/aWUzJtTX5y
$SMCI finally a different pattern, on watch (again)
$SMCI just dropped $30 in about one minute $NVDA.
$SMCI +7%
Id never short it but idk how $SMCI isnt a bubble
so $SMCI is up on a new buy rating but the stock is now only 10% below the price target lol
$SMCI already up $50 to $930 ๐ณ๐ณ.
$SMCI has gone full meme over $900 pre-market
$SMCI already up over 220% to start the year ๐ฒ https://t.co/DaIlnMQ1Jp
$SMCI started the year at $285. It is now up at $902. It is up 3% more in after hours right now, as well. https://t.co/ERpGrYG64I
Super Micro $SMCI is over $900 in after hours trading ๐ https://t.co/gn9eEnMeqe
$SMCI up another 2.5% in after-hours lol https://t.co/d45czKI3l9
Super Micro $SMCI has gone up so fast, it's now trading roughly $230 above its consensus analyst price target. Trading at $880.55/share, consensus price target is ~$650/share.
Super Micro $SMCI was up another $89 today... https://t.co/kqUUnAOF5G
$SMCI so far today opened at $822. Hit $886. Then went down to $820. Now back to $876. Amazing $NVDA.
On the first day of 2024, $SMCI was trading at $280. Today, the stock is trading at $880 ๐คฏ
SUPER Micro. LOL $SMCI
$SMCI up 17 of the last 19 days. Daily RSI 96 almost. Wow
$SMCI is getting silly now.
SMCI up another 5%
$SMCI Took a deeper look. Near a top, could touch $830 before a healthy pullback for 24%-36%, $630-$530. Could already have topped. Sort of depends on what the broader market does this week. https://t.co/A0AjwTV2m7
$SMCI I'd feel pretty good about shorting the shit out of it here to $646-$558 for 18%-30%. It's topped out. https://t.co/ks72azvwZ2
Iโm personally giving $SMCI a price target of $3,857.48, and this is after a 5-1 forward stock split, and they will announce daily dividends payable in cash, crypto, or buckets of chicken nuggets, your choice. Take that bears.
$NVDA $SMCI green lol. $LSCC rips.
$NVDA going green. โDry powder on the sidelinesโ. $spy $qqq $arm
$NVDA getting bought. Itโs not over yet. $arm $spy $qqq
$SMCI $810 Good enough, to hit close to fib $819 level https://t.co/LIkIFIDVqz
$SMCI 810 to 764 intraday. Hmmmmm
$NVDA starting to break down. But wait, it will bounce back. $TSLA
$smci no stop https://t.co/gae7X7YT3m
Super Micro $SMCI was at $311 a little over three weeks ago on 1/18. It's now at $799.11. https://t.co/AI5j4S1D0p
$SMCI hits $800+ $819 around that is fib level.. see if we can get it.. https://t.co/Ulu8bxL9PT
$SMCI just traded >$800 it was $306 on 1/17 low https://t.co/0fx9pcV3qS
$SMCI heading to $800+ to upside fibs level.. at $772ish day high๐ https://t.co/EHdFpKkYoa