SimplyShowMeTheMoney

$MU June Update

Long
NASDAQ:MU   Micron Technology
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Recap: My team has been analyzing $MU for the past few months. After consolidating in the $74-84 range for the past few weeks we finally believe that $MU is ready to take its leap to go past $100. Investors should expect $MU to uptrend similarly along with other semiconductor companies in the near-future due to tech rebounding.

$MU is releasing their May quarter results on 6/30/21. My team remains just as confident as before in $MU and expect stock price action to benefit from this report.

My team entered $MU on 6/14/21 at $79.36 and still plan to take profit at $104.

Entry: $79.36
Take profit: $104
Stop loss: $75

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Comment:
We're still in this trade

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