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Micron Technology Inc (Extended Hours)Micron Technology Inc (Extended Hours)Micron Technology Inc (Extended Hours)

Micron Technology Inc (Extended Hours)

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MU - MICRON TECHNOLOGY, INC - DAILY - RISE UPMidterm forecast: While the price is under the resistance of 74, a resumption of an uptrend is expected. We make sure when the support at 70 rebound. If the support at 70 is broken, the short-term forecast -resumption of downtrend- will be invalid. We will close our open trades if the Midterm level 69.10 is broken. Technical analysis: A trough is formed in the daily chart at 84 on 02/23/2021, so more gains to resistance(s) 87, and maximum to Major Resistance (98) is expected. + Trigger: Trigger1= 70.90 - 71.50 + Take Profits: TP1=75 TP2=86 TP3=98 + Stop: Stop1=69.10 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment!
NASDAQ:MULong
by LimitlessNautilus
They Always Dump it before they pump it..! On August 4th, 2021 I published a post that micron technology could be the next WSB's Play..! Today it is ranked 12th on their mentioned tickers! and I believe it will be the next AMD or MRNA..! This is their famous pattern of dumping, they do it so fast to wash out everyone and then play the way they want..! Soros is known as "The Man Who Broke the Bank of England" because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis. Based on his early studies of philosophy, Soros formulated the General Theory of Reflexivity for capital markets, which he says renders a clear picture of asset bubbles and fundamental/market value of securities, as well as value discrepancies used for shorting and swapping stocks. What Is Reflexivity? Reflexivity in economics is the theory that a feedback loop exists in which investors' perceptions affect economic fundamentals, which in turn changes investor perception. The theory of reflexivity has its roots in sociology, but in the world of economics and finance, its primary proponent is George Soros. Soros believes that reflexivity disproves much of mainstream economic theory and should become a major focus of economic research, and even makes grandiose claims that it "gives rise to a new morality as well as a new epistemology." Understanding Reflexivity The reflexivity theory states that investors don't base their decisions on reality, but rather on their perceptions of reality instead. The actions that result from these perceptions have an impact on reality, or fundamentals, which then affects investors' perceptions and thus prices. The process is self-reinforcing and tends toward disequilibrium, causing prices to become increasingly detached from reality. Soros’s theory of reflexivity runs counter to the concepts of economic equilibrium, rational expectations, and the efficient market hypothesis. In mainstream economic theory, equilibrium prices are implied by the real economic fundamentals that determine supply and demand. Changes in economic fundamentals, such as consumer preferences and real resource scarcity, will induce market participants to bid prices up or down based on their more or less rational expectations of what economic fundamentals imply about future prices. This process includes both positive and negative feedback between prices and expectations regarding economic fundamentals, which balance each other out at a new equilibrium price. In the absence of major obstacles to communicating information regarding economic fundamentals and engaging in transactions at mutually agreed prices, this price process will tend to keep the market moving quickly and efficiently toward equilibrium. As evidence for his theory, Soros points to the boom-bust cycle and various episodes of price bubbles followed by price crashes, when it is widely believed that prices deviate strongly from the equilibrium values implied by economic fundamentals. He often makes reference to the use of leverage and the availability of credit in initiating the process and the role of floating currency exchange rates in these episodes. At this point, I am +99% confident that Wall Street Bets (WSB) is run by the reflexivity theory. the question is : What is the role of "The Godfather of Color revolutions " in WSB moves? What was his Role in Marijuana legalization and how much did he made in the Weed stocks Bubble??? To be continued..! Reference Article: www.investopedia.com
NASDAQ:MU
by Moshkelgosha
13