MU trade ideas
MICRON 1H OVER BOUGHT NOW...MU have Symmetrical Triangle but wait PRICE to enter the zone consolidate
tighten area.
then we will see clearly where the price will go. if breakout just follow the trend.
for this time short is the best. you guys see the points A, B, C my stocastic setting come from over baught.
this may also happen to point D
happy trading =)
Smile for MU....but you'll have to grin and BEAR it.Micron is forecasting the strange things to occur in the market as we move thru the election. Looks like a contested election with a bottom around Nov. 23. But while this stock will be under pressure the SP500 should zoom up until Oct. 23 and then plateau or double top to the election and then after the election fall until the Nov. 23 date.
MU Earning Flop/Bearish Pennant ActiveNASDAQ:MU was short 11 cents on its earnings, was downgraded by several groups and began to selloff yesterday, activating bearish pennant with extremely high volume. Earlier in August their CFO stated that the future of memory chips doesn't look good (www.bloomberg.com) and it caused a 9.54% drop from the day's open over the course of a week. After reaching oversold levels on RSI the stock rallied. My target price for is MU is 10% from Wednesday's opening price- roughly 44.05 though I would like to see a break below 46.65 before taking a position. If MU continues to sell my next target would be 41.14
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 1 bulan lepas.
Dari segi kriteria syariah setakat hari ini, saham ini adalah Patuh Syariah.
PENAFIAN SAHLUN: 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.
$MU Micron Bullish reversal Into earnings
Very bullish reversal today off the 50 &20ma's before closing above the 200MA.
RSI in very bullish uptrend.
Nice rise in volume today.
$50.00 is strong resistance with the downtrend also in play.
Has been a mixed bag into earnings in the past and can also surprise to the upside.
Well worth a entry pre earnings with $48 as s/l