Buy The Dip? | SMCI Stock Prediction | SMCI Stock Analysis

hello everyone welcome back to unde radar talks shares of Super Micro computer plunged 19% on Wednesday the biggest intraday drop was 27% but the stock price slowly recovered to $443 in the afternoon the volume and turnover rate on that day were significantly Amplified reflecting that a lot of money entered the market to buy the bottom due to the stock price plunge but the trading volume on that day was relatively scattered indicating that a lot of money also exited the market on that day the stock fell 7% in after hours trading on Wednesday but the stock price did not fall below the lowest price of $395 created during the regular trading period maybe the stock price will fall below $400 again later but I think there is not much room for it to fall and the stock price has deviated seriously from the 5-day moving average through the trading volume analysis of the stock the trading volume of the stock is relatively concentrated between $64 and $626 because the stock price has been consolidating in this area for many days a large amount of capital has withdrawn from the market in this range and most of the stocks may be sold from the bottom profit Capital which is why the stock price will fall strongly below the lowest position in early August because this Rising cycle has ended and the long Capital has withdrawn from the market with the plunge in the stock price the locked in capital above $600 has also gradually moved down which may be a good thing at least the resistance in this area will be reduced a lot because the stock price May return to this position in September but now the stock needs to consolidate and accumulate rebound strength let's take a look at the 15-minute chart of the stock we can see that the stock price had a significant pullup action in the morning trading on August 27th is it the action of Longs blocking shorts or the action of capital cashing out and leaving the market unsure but in short the stock price fell sharply again the selling force of the stock in the morning trading on August 28th was still very strong but the rebound of the stock price in the afternoon trading should be the action of Long's blocking shorts but such a strong sell-off by the shorts also means that the stock price may not rebound immediately because the trading volume on that day shows that the long Capital that has entered the market may not be able to counter attack the shorts let's take a look at the capital flow data of the stock we can see that the capital of the stock has been net outflow in the last three trading days however the average daily net outflow amount does not seem to be much higher than the average daily Data before the stock price plummeted in particular on August 28th the net outflow of capital was $26 million but the total trading amount on that day was as high as $15.9 billion which reflects that the capital inflow and outflow of the market on that day were significantly enlarged but the capital outflow was more which is consistent with the previous analysis let's take a look at the market position distribution data of the stock as mentioned earlier after the close of August 28th the stocks positions above $64 moved down a lot which is a good thing the positions below $462 increased significantly which means that the stock has found the bottom but now the stock price needs to consolidate rather than Counterattack so it may fluctuate between $398 and $462 and even if the stock price Falls below this range later it should return to this range soon the stock has deviated significantly from its 5-day moving average so there should be a buying opportunity below $462 as for when the stock price will take off it may need to wait until the consolidation of the technology sector ends at least it should not happen this week because nvidia's stock price has not yet entered the consolidation phase okay guys this is my price prediction for Super Micro Computer stock thank you for watching if you like my analysis please click the subscribe button and give a thumbs up I will bring you more latest price predictions for popular stocks later see you in the next video