Dario1987

MU time for a correction (mid term-weekly basis)

NASDAQ:MU   MICRON TECHNOLOGY INC
After an intense rally $MU, on a weekly basis, shows signs of weakness quite clear.

RSI actually is flagging up a crude divergence, macd is already in bearish mode and the solid trendline which has supprted the trend so far is almost violated. Volumes are low especially last week where the price touched the mid term trendline (another sign that investors are not so conviced to buy more shares: this latter is confirmed by vortex indicator too).Hence, next week will be crucial, for those who love short positions, it might be a temptive occasion.

A first TP is placed at 44,35 dollars, than 38 and a strong support at 36,02 dollars
Hey Dario, can you please tell me if your using "Go Pro" upgraded charts and if it is in real time. I am still using the free version and I am getting delay or lag time from when a candle forms on the chart to the actual price. Advise? I am trying to look for a good real time stock chart to use.
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taylor325358 Manny1215
Just use pro version you cannot get real time tech without paying a fee
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