TheShortLife
Long

Long MU on two strong bullish reasons

NASDAQ:MU   MICRON TECHNOLOGY INC
Reasoning is as follows
  • Look what happens when daily price breaches lower bollinger band (highlighted in green circles) - price rips back up
  • Price is just hovering on channel support
These two reasons are clear enough for me that price will revert up. One thing to note, there is a strong VPOC node in the $42 - $43 area (not shown here) as well.
Comment: Grabbed 5xSEP14 50 calls at 0.15, will add more next week.
Comment: Check this out:
awesome. where can i get more info to do this kind of analysis?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out