MUMID-TERM: Channel all time high breakout with hidden bullish divergence, target is the 2.618 fib extension. (Not financial advice)
MTE trade ideas
$MU with a neutral outlook after earning releaseThe PEAD projected a neutral outlook for $MU after a positive over reaction following its earning release placing the stock in Drift B
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Long | MUNASDAQ:MU
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
MU hidden divergence, still going to melt up.Like the title says, I see hidden divergence for RSI and the price action, think the price is still going to melt up.
MICRON - Ready to break outThis one is one watch.
-RSI still has room to grow
-MACD lines are crossing
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.
<TradeVSA> Micron (MU.Nasdaq) - Confirmation on Re-accumulation1. Continuation on Uptrend
- Healthy uptrend with no climatic volume
2. Re-accumulation
- No major weakness at resistance
- High volume breaking above resistance
Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
MU is flying to high - Short itRising too fast means it will have to come back down and touch the main trend line, short position at this stage to $60
MU Bubble MeterStill hasn't hit ATH from the DOt Com bubble, when MU hits $100 next year, then the bubble is complete.
Just more evidence that the bubble isn't over. Seems kinda crazy.... but I think TSLA might actually hit $1000
MU - Micron - $69.75 Entry / Bottom of Channel / $80 Target0. MU Bottom of Channel;
1. $5 Height of Channel. Descending Triangle.
2. Should move to top of Channel and Breakout to $80;
3. Throw back from bottom of channel was the entry;
- drchelsea
