MU trade ideas
MU a great long term betMicron has broken out of its first pennant, but I see a tide of selling going into next week dragging MU down to high $47's. I am waiting until the end of the month to go long on anything, but Micron is high on my list of lagging stocks that I see busting out to ATH's going into the end of the year.
ABC Bullish Earnings 9-29 AMC Falling Wedge S TrianglePossible stop below 42.2. Small gap below price that may fill
Falling wedge is also noted but I forgot to draw it ..sorry. MU broke up from falling wedge when it gapped up. Falling wedge upper trendline is 46.95 and possible support there
Falling wedges are often bullish at the bottom and can signal a reversal
MU also broke up from a symmetrical Triangle at 46.75. Targets for S Triangle are 53.7 and 60.3
Considered a vlaue stock and is usually not a volatile stock to own.
Very bullish chart but possible small pull back to fill gap below price
NV is rising
Short interest low
Earnings are soon
Not a recommendation
$MU prior to earning could target 49.8 and 51.5 bullish candleClosed with bullish candle on Friday with little higher volume. Earning expected to be at 28th Sep which will gives better view for semi-conductor business . its worth to watch $NVDA $AMD $INTC response after $MU earnings .. the stock been upgraded several times to area of 60s but stocks prices didn't act like others. MU likes to play alone . if earning so bad its possible to visit 38 but if better than expectations we can see 51.5 then 56 then 60s . i would see bullish move on coming day unless market completely crashed stoploss for pre-earning bullish move at 44.5
Targets on bullish move are 48 -49.8-51.5-54.8-62-75
Micron technology back in its uptrend.As you can see in the chart micron bounced back this am into its initial uptrend, heading towards a higher, broader uptrend. It was just upgraded to a buy.
Saham Syarikat MUMU
Micron Technology, Inc.
Technology | Semiconductors | USA
MU adalah kod bagi syarikat Micron Technology Inc yang diperbuat dari segi sektor teknologi.
Mengikut pemerhatian gelombang sahlun tentang saham ini adalah uptrend dalam tempoh 6 bulan lepas.
Dari segi kriteria syariah setakat hari ini, saham ini adalah Patuh Syariah.
PENAFIAN: Maklumat dan penerangan sebarang senarai saham, derivatif, komoditi, matawang kripto, bon , sukuk atau sebagainya yang dinyatakan adalah sebagai tujuan pendidikan semata-mata dan bukanlah saranan pembelian mahupun penjualan. Segala liabiliti risiko dagangan adalah diatas tanggungan sendiri. Anda hendaklah mendapatkan rujukan dan nasihat dari pakar dan konsultan bertauliah.
www.sahlun.com
MU - SHORT ON EARNINGSCurrent semiconductor trends make me think MU lost out on marketshare. Thanks for viewing ! This is not financial advice , please consider your own Due Diligence and Risk Management
MU Pre-earnings run upRepeating the same pattern it always does before it pops pre-earnings.
Go long if it stays green today and the market doesn't tank, lol. Dump before earnings because guidance might suck.
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 @ KEy are.... will we consolidate all week? This is interesting.... this has been beat down for a while... is this just a upside bounce or are we in a true up trend?
