I think its going in an impulse and may follow the counts depicted herewith. Not a trade/investment idea. just a view and educational material. Regards pl follow
Hello Traders and Investors, today I will take a look at Micron Technology. -------- Explanation of my video analysis: Back in 2018 we saw a beautiful break and retest on Micron Technology which indicated even more continuation towards the upside. For over 5 years Micron Technology has also been trading in a quite nice rising channel formation and is now...
Micron Technology, Inc., ( NASDAQ:MU ) a global leader in memory and storage solutions, has unveiled a groundbreaking advancement in storage technology with the introduction of the automotive-grade Micron 4150AT SSD. This quad-port SSD promises to reshape the landscape of intelligent vehicles, offering unparalleled performance and efficiency for AI applications at...
Micron Technology's ( NASDAQ:MU ) shares have reached a new high after Bank of America raised its price target for the stock. The report from Bank of America stated that Micron is poised to gain from the artificial intelligence (AI) boom, as the company's high-bandwidth memory (HBM) is crucial for AI technology. Bank of America has named Micron, Marvell...
If you haven`t bought the dip on MU: Then analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week, I would consider purchasing the 95usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $9.45. If these options prove to be profitable prior to the earnings release, I...
Reasons for bullish bias: - Price has given channel breakout - Entry at 0.382 fib retracement - Earnings date is 20 March, it might pump up - Safe Entry will be above 102 Here are the recommended trading levels: Entry Level(CMP): 94.16 Stop Loss Level: 78.64 Take Profit Level 1: 109.68 Take Profit Level 2: Open
Micron Technology Inc. ( NASDAQ:MU ) stands tall as a prime beneficiary. The recent surge in Micron's stock price, following an impressive earnings report and optimistic guidance, underscores the pivotal role the company plays in powering AI-driven innovations. With CEO Sanjay Mehrotra at the helm, Micron's strategic vision and robust performance position it as a...
Regarding Micron Technology, we believe we are dealing with an overarching Wave (3). This wave should reach at least the 161.8% extension level at $158. We've seen the Wave (2) low buy at $1.36, indicating significant parabolic momentum has been built up. Since that low, there's been an increase of over 5000%, which is staggeringly high. However, as rapid and...
Micron Technology ( NASDAQ:MU ) emerges as a pivotal player, strategically positioning itself to capitalize on the accelerating demand for artificial intelligence (AI) infrastructure. Embarking on a promising trajectory, Micron's ( NASDAQ:MU ) recent collaboration with Nvidia ( NASDAQ:NVDA ) heralds a new chapter in its journey, propelling the company towards...
After weathering a challenging post-pandemic downturn in the memory-chip markets, Micron Technology Inc. (NASDAQ: NASDAQ:MU ) is emerging from the storm with promising indicators of recovery. The company's fiscal first-quarter earnings report reflects higher revenue, an improving gross margin, and rising average selling prices for DRAM and NAND chips. As global...
Price in a rising channel, expecting the bullishness to continue backed with positive analyst expectations. First target around 90 USD. Areas plotted to look out for, combined with daily and weekly moving averages to be used as S/R confluences.
I tried analyzing MU and I feel it is bullish. It is not a current market price trade as risk is way down near 73 but target is 87. I am long and will continue to hold it as I see $88++ coming.
If you haven't bought MU here: Then analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $3.37. If these options prove to be profitable prior to the earnings release, I would...
VPA shows a huge accumulation area, ascending wedge upwards, breaking resistance at 64-65, first time to see price not immediately gapping down. I believe a good place to take a Long position for one good push before we get into some form of stagflation.
If you haven`t bought MU here: Or sold here: Then Analyzing the options chain of MU Micron Technology prior to the earnings report this week, I would consider purchasing the 64usd strike price Puts with an expiration date of 2023-6-30, for a premium of approximately $1.54. If these options prove to be profitable prior to the earnings release, I would sell at...
For me NASDAQ:MU looks very beautiful to buy now for me So i am buying NASDAQ:MU at 67.5$ price zone and my short term target is 75$ in the coming weeks and my stop loss price is A Daily Close Below 64.8$ This is my opinion, Please let me know about yours
Micron is a semiconductor stock riding some of the momentum from yesterday’s earnings beat at Nvidia. Notice the textbook breakout pattern that has formed over the last three months – a series of shallowing retracements with resistance at $64. The 200-day moving average is finally turning up and other MA's are properly stacked and trending higher. This is the...
NASDAQ:MU Very nice looking bottoming pattern. Close above 65 on a weekly basis would be very bullish.