I’ve been yammering on and on about SMCI as a terrific short for weeks, and today we get this news:
That right triangle nailed it!
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_SMCI-2-640x342.jpg)
Isn’t it comic that, near its price peak, the powers that be decided to push this into the hallowed halls of the S&P 500?
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_SMCI-1-1-640x342.jpg)