SMCI with a classic set up
Super Micro Computer, Inc. BATS:SMCI
short interest rate rising to the classic number of 20% and we hit our support areas
we dip below range value area low
we have our moumentum rising
today we turned the lower vwap diviation into support and we have a creeping rising volume.
my full tp is around the same highs we reached before. im tp'in at 39-40>50>60 and i keep some runners in case it wants to go parabolic but for me the trade ends there.