mikeffi

MU high volume reversal potential

Long
NASDAQ:MU   Micron Technology
2
The buyers were back in after analysts upgrades which pushed the underlying back up to an interesting price level. Technically a move up from here could precipitate some further gap filling over the medium term. This may suit an OTM longer term bull call spread

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.