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SimplyShowMeTheMoney
Jun 26, 2021 4:56 PM

$MU June Update  Long

Micron Technology, Inc.NASDAQ

Description

*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
Comments
tradebuckets
Getting in Monday
SimplyShowMeTheMoney
@bigshotrob good luck
ifyouscaredgtfo
@bigshotrob as am I
CPMFP
Got in at $80. Still hopeful.
SimplyShowMeTheMoney
@CPMFP, I assure that you will be rewarded for your patience! Thanks for commenting.
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