# SMCI

#SMCI $SMCI 15m surged again, current price $32.57, 24h +6.13%.
Don't just focus on the gains and losses. The short-term trend is still advancing, but the more anxious you are, the more you need to watch for a pullback.
That said, the large players have a long/short position ratio of 61:39, clearly bullish. Strong is strong, but once the key level is broken, be cautious.
In the chart, one looks at structure, the other looks at candlesticks. Don't just look at a single bar's gain or loss.
Holding $31.7557 still leaves room for recovery. Reclaiming $33.5471 would count as easing.