NASDAQ:MU   MICRON TECHNOLOGY INC
147 4 2
Bearish Wedge pattern needs to be confirmed by closing below 50 SMA seen @ 23.70 , we need to have 1 day candle closed below the support to go bearish supported by the Divergence in RSI and MACD , i think we would target 20 minimum
we reach 22.98 today ... as long as 23.80 we still Bearish
Reply
Well it spilled over all the support lines imaginable, the low lows, the trend channel, the MA and the crab. Not sure what to make of this
Reply
I agree with Michael on this one. I believe it will go sideways until there is news to move it up
Reply
There is quite a bit of analysis out right now that MU will beat earnings expectations pretty solidly. I wouldn't expect anything terribly bearish to happen to this stock since the company is already undervalued with a P/E ratio of 14 with an sector average of 28. It would be absolute insanity for the price to continue a downtrend with solid earnings growth over the past year and with dram prices expected to increase.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out