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Question on volatility for SMCI stock

QuestionsCategory: QuestionsQuestion on volatility for SMCI stock
tjbrune asked 1 year ago
Hi Pat, I have a quick question on SMCI stock. I noticed volatility has picked up here as of 07/01/23 (bars have become wider). Is the base built on this stock more like a topping and is not good to buy ? Thanks in advance for your opinion. Best Regards, T.J.  
1 Answers
Avatar photoOwen Staff answered 1 year ago
Hi TJ, I reviewed the chart of SMCI; here is a video for you...
tjbrune replied 1 year ago

Thanks for your quick response and sharing your view, Owen. If it shows a pullback, I might consider a buy then. Happy weekend to you, Pat and Rich.

Avatar photoOwen Staff replied 1 year ago

Yep, we are in a grinding market with some remaining choppiness; good to stick with strength; strong stocks with good numbers. Enjoy your weekend!