Studying the chart to look at levels of entry and exit is not enough in today’s market; investors need to understand the story behind each candlestick, each day, and each “pattern.” Today, more than ever, the stories behind these formations have to do with liquidity; since there are many more market participants than in recent periods, the so-called “smart money” is after one thing and one thing only, optimal liquidity levels to take a risk on (or off).
With this in mind, two specific levels have emerged for shares of Super Micro Computer Inc. (NASDAQ: SMCI) that investors can consider today, from which they can start to develop a winning strategy for their capital moving forward.
