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JTI96
Jan 24, 2020 12:24 PM

Quick Drop Short

Micron Technology, Inc.NASDAQ

Description

The semi's have been red hot. So any shorting done needs to be done with super tight stop/losses. MU is presenting a great opportunity to get short. It's currently rejecting a long term trend. Another gap up this morning is going to likely open MU right on the trend again. Expecting a fade off the gap.

Any sign of strength on a break through of the white trendline...so around 60.75-61 needs to be the stop/loss
Comments
Meadows
Nice call, it did exactly that!
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