SMCI Pulling Back After Earnings Surge! Is a Bounce Coming? Super Micro Computer, Inc.NASDAQ:SMCIBullBearInsightsTechnical Analysis for February 27, 2025: 1. Current Price Action: * SMCI spiked following earnings but has since retraced, now trading near $48.20. * The stock is testing key support at $48.50, a crucial level for a potential bounce. * POC (Point of Control) at $51.08 is the major level that bulls need to reclaim. 2. Key Levels to Watch: * Support: $48.50 (Current level), $45.50, $41.64 (Major downside risk). * Resistance: $51.08 (POC), $58.28 (Breakout zone). * Upside Targets: $57, $60, $66.42. 3. Indicators Analysis: * MACD: Bearish momentum, showing weakness. * Stoch RSI: Extremely oversold, signaling a potential short-term bounce. * Volume Profile: Heavy liquidity between $48.50 and $51, meaning strong accumulation. GEX & Option Strategy for Tomorrow and the Week: 1. Gamma Exposure (GEX) Insights: * Call Walls: $57, $60 → Resistance areas. * Put Walls: $39, $35 → Major support. 2. IV & Sentiment: * IVR: 41.1 (Moderate) * IVx Avg: 136 (High IV, potential for premium selling). * Call Positioning: 99.8% bullish sentiment. * GEX Sentiment: Bullish if $51 is reclaimed. 3. Trading Suggestions: * Bullish Setup: If SMCI reclaims $51, consider long positions targeting $57-$60, with a stop at $48. * Bearish Setup: If SMCI breaks below $48, short setups targeting $45-$42, stop at $50. * Options Play: Selling put spreads at $45 support or call spreads near $60 resistance. 📌 My Thoughts & Suggestion: * SMCI remains highly volatile due to earnings—watch for a reclaim of $51 for a bullish continuation. * If $48 fails, expect a test of $45-$42. * High IV makes option selling attractive, especially for short-term plays. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading. 🚀