03-Jul NASDAQ:MU
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling...
Entry: 39.85
Protective Stop: 40.70
Safety Target: 38.02
Final Target: 35.07
HTF Supply + Trend Line Break = Look for opportunities to go short on the retrasal
Safety Target is 2:1 (65% success Rate)
$MU just had earnings and traded way up again today. Right now I'm looking at this "congestion zone" that the stock had back in February - March of this year. I think that if $MU keeps going that it might stall out here in this zone, and that might be a good opportunity to buy a Calendar spread on $MU - a trade that takes advantage of increasing IV. I have had...
MU has continued volume and technical support.
Trend Shift Heikin Ashi showing reasonable risk values given the recent price shift
Volume confirms this assumption
Slow but steady.
Check out the TSHA indicator. Feedback appreciated.
Buy low, sell high, hedge with options has bee THE WAY to play MU :-)
If one got exercised up at $47 and bought here, that would be a gain. Still a neutral strategy. If this 'extended' gap and go does fill, plan on selling to close the protective puts for a small gain and OR selling puts against them to lower their cost.
- Double bottom at support. Micron is ready to fly, but I will wait a lite pullback at 35.00-35.50
- Strong stock on strong indusrty (Semiconductor). MU as been upgraded by Needham, from hold to buy at 50.00 as target.
- Very trong fundamental :
> P/E 3.57
> EPS : 157.6% this year
Waiting for a lite pullback to buy and fly to 52.50 as potential and at is all...
