$SMCI has been closely monitored by traders as it approaches its 50-day moving average (50dma), with many anticipating a breakout. Recent activity indicates that the stock is showing signs of upward momentum, with one trader noting that it is 'hugging the 50dma line every day' and suggesting a potential break to the upside. Another trader reported locking in profits of over 60% on their positions. Current positions include holding weekly call options with strike prices of $50, with expectations of a break above the $50.5 to $51 range. As of now, $SMCI appears to be breaking through the 50-simple moving average (50sma), signaling increased bullish sentiment among traders.