Micron
$MU for Range Trade and For Long!Entry Price: $82.15 is a good entry.
$MU (Micron) for long-term. Current price $82.15 is a good entry. Hold till you make some good money. Also, good for swing trade. Before doing the swing you should need to calculate how you going to place the strategy.
I would be more than happy to make 10% in swing trade. Stocks like $MU doesn't go up 50-60%. But they are really good for portfolio risk management.
Trading Idea - Micron TechnologyBUY
ENTRY: 87.72 USD
TARGET: 95.51 USD (+9%)
STOP: 83.16 USD
1.) rejection at the uptrend support level. uptrend continuation.
2.) retest of the resistance level expected
3.) The profit margins achieved by the company are among the highest of any listed company. The company's business is extremely profitable.
4.) The company's financial situation is excellent, which gives it considerable investment capacity.
5.) Within the weekly observation period, an upward trend can be seen above the support zone at USD 64.19.
Being patient with $MU...Can't be staring at this since I'm simply a part time trader lol GL peeps, set ALERTS!!!
MU Micron Finally set up for new All-Time Highs and Mark-upMU has reclaimed the high trend lines in the overall uptrend and price target projections are projected in price and period of time expected highs can be reached
Long Upon Completion of Retracement WaveNASDAQ:MU
Micron is on Flat Retracement Wave.
If the wave were completed around / slightly beyond end of wave A, it is confluence with
Fib 123%
Supported on Point of Control (Volume Profile Analysis)
It is then potentially ride its next impulsive wave to challenge the previous swing high (TP).
MU AnalysisWill the open MA's lead to an upward breakout out of the rising wedge?
Or will the technical patterns ( rising wedge ) favored outcome arise? Bearish .
Personally I'd follow the Technical Indicator's assessment
MU Wave 5Micron Technology Inc. (MU) broke out of wave 4 consolidation. Bullish engulfing candle with an association of high relative volume is key signal this a true breakout. Indicator confirm breakout with cross in StochRSI, TMO, and daily squeeze breaking out. Prior to breakout, Micron held the 21 ema with a hammer candle. Earnings at 1/7/21, so look for run up and momentum continuation.
MU Bullish week prior to earningsMU - With the upcoming earnings this week, we may see the continuation on the upside. Expect a small correction (retest $75.5). Over $75.8 for a call.
AMD Sympathy Play?MU crossed the 20 day MA within the Bollinger Bands, and it looks like it has some room to run if we can break 50.21.
MACD signal line also gives us an indication we may have an opportunity to buy.
Possible entry point ~48 or ~50.
MU UpdateNASDAQ:MU
Hi all, MU is still inside a consolidating triangle, so I am not looking for a breaking to ATH's yet. MU next target is 49.20, but if it can't break the downward resistance, it will likely retest 43 range. As long as MU stays above the upward support, the target is 49. Further analysis and thanks to my followers for keeping me up to date
MU: Micron Keeps Moving Up - Possible TargetsMicron chart keeps rallying towards its earnings day on 09/29/2020 (confirmed). Trading at $47.80, the price is close to its second target of $48.13 (50% Fib level). Potential higher targets are at $51.46 (78.6%) and $54 (100%) levels.
Scenario analysis: ADP employment numbers to be reported on Sept 3rd may help with further short-term price advancement, if positive. However, September has been a volatile month historically. A broader pull back in major indices is possible between next week and end of this month. If such correction occurs, MU chart may pull back as well, possibly down to $44 level, to resume its rally toward price levels above $50 with general market move higher in October - November time frame. If MU chart makes its way to $51 level before the earnings, that could be a good opportunity to book the profits and reassess possible price movements at that time.
MU: SOXL: Micron is Moving HigherMU: Micron has started its rally toward Q3 - next earnings season. The chart has reached $45.06, its 23.6% Fib retracement level, which may serve as near-term resistance, or consolidation zone before its next leg up. Momentum has turned positive as MACD has crossed to the upside on all time frames. There are two unfilled gaps below, at $43.76 and $42.68 levels. Next possible targets for the move higher are $48.13 (50%), $51.46 (78.6%), and $54 (100%). Pull backs on the way up are possible and are likely to represent a buying opportunity.
MU ReversalNASDAQ:MU
Per the chart patterns, I see MU making a corrective move this week to fill the gap it left behind at the 48.30 level. Look for a bounce off of that PT. Follow for ongoing analysis.
TIME TO JUMP ON MU NASDAQ:MU
As per my previous analysis, MU did exactly as expected and filled the gap at 46.80 and hit support at the $45 level. Now MU has settled at a support line established during the flash crash of Christmas 08. Nothing screams BUY MU like this setup.
Feel free to follow for ongoing analysis
MU to fall a little further before buy opportunityNASDAQ:MU
MU broke through the channel I drew and the stock appears to be heading towards major support at $45. I will consider this my entry point for calls. I think this a great stock that doesn't get the credit it deserves. I'd like to see this stock head to $60 again by year end.
MU - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
This would be a great Buy Opportunity, IF NASDAQ:MU breaks up the Daily Resistance line at $52.71 (with a whole Candle) !!
