Earnings are Tuesday after market closes.
Stop below C or where you see support. Target is D.
Gap under price that may provide support. The top of this gap provided support on Friday demonstrated by long candle tail/shadow.
From researching, MU appears to be expected to beat earnings, but it is the response to the news that can impact price and this sector has been volatile.
Price is below the longer term moving averages and the 50 is trying to cross down and through the 100 which is bearish. Longer term moving averages are slow to respond to price action.
There is a large green volume bar on the 1 minute time frame close to Close on Friday. The one minute time frame can show larger money moves.
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
No recommendation
EPS>PE
*EPS (FWD)
9.14
*PE (FWD)
8.55
Div Rate (TTM)
$0.20
Yield (TTM)
0.26%
Short Interest
2.07%
Market Cap
$87.45B
Stop below C or where you see support. Target is D.
Gap under price that may provide support. The top of this gap provided support on Friday demonstrated by long candle tail/shadow.
From researching, MU appears to be expected to beat earnings, but it is the response to the news that can impact price and this sector has been volatile.
Price is below the longer term moving averages and the 50 is trying to cross down and through the 100 which is bearish. Longer term moving averages are slow to respond to price action.
There is a large green volume bar on the 1 minute time frame close to Close on Friday. The one minute time frame can show larger money moves.
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
No recommendation
EPS>PE
*EPS (FWD)
9.14
*PE (FWD)
8.55
Div Rate (TTM)
$0.20
Yield (TTM)
0.26%
Short Interest
2.07%
Market Cap
$87.45B