In this pre‑market video, the host provides a detailed technical analysis of two trade ideas – Super Micro Computer Inc. (SMCI) and the SPDR Silver Trust (SLV). For SMCI, he reviews recent earnings‑driven price prints, highlights a higher‑high/higher‑low pattern, and maps out bullish targets from $33.50 up to $40 as well as bearish downside zones below $32 down to the $29 level, referencing specific volume prints, 200‑day EMA/SMA, and pivot points for scalp entries. For SLV, he examines a month‑long consolidation, large volume prints around the $81‑$84 range, and outlines bullish targets from $81.50 up to $89.15 and bearish targets below $80 down to the $70‑$74 area, again using volume clusters, moving averages, and key CAM (cumulative advance‑move) levels. The presentation ends with a standard call‑to‑action and a sponsorship disclosure for TrendSpider via MobyTick.
Chapters
Good morning, traders. It's Wednesday, February fourth at four fifteen a.m. All right, two stocks for you. We got today is SMCI and silver. SMCI had earnings. Let's look at the prints in the last month. This is pretty good. Look at this back here. January thirteenth, one million. We held that here, and then we. Gapped up. Well, massive run up here. Look at all these prints at the top: 3,700,000, 7,242,712. Okay, all all of this up here we had this consolidation. We pulled back. We got more prints. So this was a higher high, higher low, and this is about four million right here. Two, oh three, almost three and a half million here, and then sitting here, and then we have earnings, and now we're breaking above. We're above this one million. Above all of this. Now we're testing all of these prints here, so this could be explosive for SMCI moving forward into the coming days, things like that. So we can get up here to $33, maybe $35, a little bit higher moving forward. This is pretty decent. Let's see if we can close above these prints, even come back, retest, and maybe make a new high above this $33.50 level for the longer-term swing. So let's map this out on the intraday. So you see all of these prints here on the intraday, right? That's all of this here on the right-hand side overlaid on your intraday. So we're going to be bullish above $33.50. Let's get above here. Target $34.08, $34.50, $35, $35.61. Then we've got $36, $37, $37.50, and $40. It was just kind of clear sailing here, so if this is really strong with earnings, it might just continue up, although the market's been weak, so like other stocks that have done really well, they just sell off after earnings after a big gap. So, well, let's map it out on the downside. We're going to be bearish below $32. Let's get below this print. You can see how these prints here were resistance, and then we gapped up. And so if we break below this, we've got this consolidation here. So let's get below this print at 32, target 31.50, 31.26, 31.02. Then we've got 30.51. This is right down here. 30.35, 30.09, 29.81. What I'm doing is just calling these ones out, and this is getting a little bit tight here with this. And 29.53, I wound up Stopping there at 2953, which is this cam. And so as we're getting into these, it's a little bit tighter for the scalp, right? So you've got to look left anyway. This is this will be previous support as well. We've got the prints, my 200 exponential, 200 simple. So yeah, this will this will be a little tight in here for taking profits. So getting maybe back to the pivot if it's going to. Retrace on that one. All right, I've been calling out silver. We'll just do a quick recap. We see here in the last month we had this consolidation here, adding to their position, adding, adding, adding, and then everybody flipped out the day after. I called this out on Twitter right when it happened, 10:17 AM. This 3 million share trade, 104.41, $300 and something million. And yeah, this actually crashed and we came down to the 50 simple moving average, but back to test these 3 million in prints here. And we hammered. You see this massive volume that could be seller's exhaustion. But anyway, we hammered. We're trying to move up again through these prints. See this 3 million and then this 3.5 million, and we're testing the 4 exponential moving average. So let's see if we can climb back up here again with silver. So looking at this here on the intraday, we are sitting on 2.5 million shares of prints within 36 cents of each other. So we're going to be bullish above $81.50. Let's get above this one here, $81.50. Let's see if we can get to $82. $82.93 is a CAM, $83.34. Is R2. Then I've got 84, 85, 85.30 is a 910K print. 86, 87.50, 89.15 I've got as R3, which is usually overbought. Now on the downside, we're going to be bearish below 80. Let's get below this one. Yeah, here, this R1, bearish below 80. Target 79.50, 79.80, 78.56, 70, 7803 is a cam, and then we've got 7753 is the pivot. Now we're, we're getting into a huge amount of support here. That's my 200 simple, 200 exponential, 50 print. This is previous support. Be very careful here at the pivot. I've mapped it out a little bit lower. If we break down, 7643 down here is the cam, 7589, 7536. Right here, and 7434 is S1. So mind this noise right here around the 7750 level. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, let us know how you're doing in the comments section below, and we'll see you later this afternoon with the results of our trade setups. Happy trading, everyone. MobyTick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
