
**SMCI update — the thesis is paying.** Up 18% today to $36.49, riding a clean breakout off the 20-day at $31.50 and the 50-day at $28.02. RSI sits at 66 — hot but not exhausted, and MACD just crossed bullish with a widening histogram. Price is pressing the upper Bollinger at $37.77, which is also the 60-day high. The catch: volume came in at 47% of the 20-day average. That's a thin tape for an 18% move — institutional follow-through hasn't confirmed yet. Watch for a real volume day above $37 to validate the leg; failure there sets up a pullback to reload at the 20-day. Still 41% below the 52-week high of $62.36. Plenty of room if the AI server narrative re-engages.
#SMCI




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