#3, MU, New Trading Strategy 11-2-2018Today, MU may run up to 42 With good momentum, it will very likely push up to 42.61 43.52 is a far stretch but worthy to mention! Buy your call at the dip in the morning when market opens!Longby CakuuuUpdated 2
Long MUmemory is the fuel of modern civilization and also a future great scale-able product.Longby CodedFlow3
[MU] Phase 4 -> Don't buyIf you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support. The RSI is low, too.Longby jlaracena332
MU - possible weekly PRZMicron has bounced off of the bottom of weekly PRZ. Also, company has started a $10 billion stock repurchase program which should bolster the stock price and increase stock holder equity. Long term target 90.Longby hondazzz441
MU - Time to BounceDirectional Bias: Long Price Target: 37-38 Good Entry: 34.3-35 Risk/Reward: Max Risk of $1 (trade idea invalidated below 34.3 15 min candle close)/ Potential Reward of $3+ Longby ridethemwaves110
Long on MU with an hourly close above 36.20; Target 42.25-43.80Noticing a weekly channel support on MU at the current low of 34.40. See the link below for the weekly channel Momentum on weekly is bearish at the moment. The overall downside target on weekly is still 27.07( double top break down formation's target). However, I expect the trend channel support on daily and weekly to support MU and cause a move to 42.25 - 43.80 channel top zone. Although MU broke the prior daily support at 37.83 formed on 9 Feb 18 and traditionally, this is to be seen as an extremely bearish condition, I believe this last round of selloff to be panic induced that has set into MU since it broke a major support at 50.44 on 5 sept 18, causing longer term investors to reassess their positioning. Here's a link to the downtrend channel on hourly's that forms a short term resistance at 36.10, break of which could support the interim bullish retrace in the overall downtrend. For improved pricing, look for a retrace in the zone of 35.10 and 35.45 for a long, once an hourly close above 36.10 occurs. A close on daily below 34.43 channel bottom would cause me to reassess the interim long signal. Longby Anand_Iyer110
MU LONG ENTRY POINT COME ON this is a DEAL! Look were about to touch down and most likely bouce off. with MU having BIG plans with INTC, SSNLF, and 10.5 Billion in A.I. alone Im sure the big boys are shaking off dead weight. I own MU and I am buying twice what i have at 34.XX Bargain Friday today and it might be the last chance to see this stock under or at $35! Longby AltKING4
Micron Massive Short Huge Potential!Recently I purchased a fairly small amount of puts (options) against micron. I strike price is around $33 and expiring in January of 2019. This gives enough time for Micron to continue its drop in price, china tensions, tarrifs, chinese stock buy backs , and increased operating costs are all part of the reason why Micron, along with AMD , and Nvidia, will see slowed growth, possibly even negative earnings in the future. When large tech companies slow down the supply chain with ordering new products (amazon, apple, microsoft, data centers) this creates bottlenecks within the supply chain. Happy trading :)Shortby CryptoCrusader554
RAISING POSITION TO 2,000,000 SHARES. UNWARRANTED SELL OFF!Folks, Fake News has Micron Bankrupt while other companies that depend on Micron products, Microsoft, Apple, Google, Amazon, Facebook, Twitter, Data Storage Services, in fact, the entire Technological Infrastructure depends on Memory and Storage to work so if Micron sales are forecast to sink by FAKE NEWS, the entire technology industry will crash with it including Cloud Computing services. This is a case where if you have brains, you know the truth and you BUY! Smart Money is buying Micron at these FIRE SALE prices while weak hands and manipulators are trying to push the stock down. As it stands now, Micron is trading under 3x forward earnings, this by itself is OUTRAGEOUS Wall Street Corruption especially watching AMD triple in price on speculation. We cannot watch the Corruption win, we are moving our position from 1,000,000 shares to 2,000,000 shares Like we said in an earlier post, Corrupt Wall Street will make us BILLIONAIRES! If you look at over 90% of our trades on this board, we haven't been wrong. We've made money on every trade we've closed. A perfect example of Wall Street Corruption is the price of NVIDIA, with an E.P.S of only $6.65 - Trading over $200 a share Even if Micron sales fall, they will still beat NVIDIA E.P.S. The sick part of this story, Micron makes NVIDIA chips along with chips for Western Digital, IBM, Intel and many more companies. We couldn't ask for a better Christmas Gift! P.S. We also think, if the price of Micron stock stays down at these low levels, the company will we bought out! With the cash flow Micron has, along with the positive / rock solid E.P.S, the company is a sitting duck for a BUYOUT at current levels. Longby UnknownUnicorn3159981Updated 116
Looking for a rebound on MU at ~36.50MU could see a rebound from ~36.50 to ~40/43.75. RSI divergence in 1h chart already occurring, but I'll be waiting for 4h chart divergence and preferably even in the daily. Longby ArthaVidya3
Expecting some continued bear momentum Current market structure appears to be doing an abc correction. Projected targets are labeled (two green boxes) 70 percent chance we hit the first target which lies between 38 and 36.80. If rest of the market begins it's correction then we can expect to see a further decline in MU prices. Simply educational purposes Not Financial AdviceShortby zerotozeros12Updated 3
RAISING POSITION TO 1,000,000 (MILLION) SHARESMICRON is a screaming bargain at current levels with or without a sales decline, with or without an over supply, etc.. WE ARE RAISING OUR POSITION TO 1,000,000 MILLION SHARES We are taking a good guess that we will see Capitulation soon with people panicking and running for the doors for NO GOOD REASON! When you look at the hype surrounding AMD, trading approx. 9 points below MICRON, it makes our argument even more concrete! AMD up over 2 points today now trading around $32.. Dare to Compare..? Advanced Micro Devices has a trailing-twelve-months P/E of 80.53X compared to the Electronics / Semiconductors industry's P/E of 18.14X. Within the last 5 qtr's, AMD had the following earnings: 0.45 CENTS Q2 2018 - 0.14 Q1 2018 - 0.11 04 2017 - 0.08 Q3 2017 - 0.10 Q2 2017 - 0.02 Within the last 5 qtr's, MICRON had the following earnings: 12.06 DOLLARS Q3 2018 - 3.15 Q2 2018 - 2.82 Q1 2018 - 2.45 Q4 2017 - 2.02 Q3 2017 - 1.62 DARE TO COMPARE INTEL EARNINGS TO AMD..? What is happening now to Micron as a company / stock is defined as SICK! Wall Street Analysts have lost their minds. This was a setup by Wall Street to cash in on options sold short. It was a HUGE Payday for Short Sellers and absolutely criminal. This is a chance of a lifetime and when Wall Street hands you a HUGE GIFT, know when to accept it, say thank you and RUN TO THE BANK AND CASH YOUR HUGE PAYCHECK! Longby UnknownUnicorn3159981Updated 996