Bottom near the support 32.8 all indicators are oversold and possible for short-term bounce targeting the breaking point at 37.9 then below 40
be it. Maybe another small drop to complete a double bottom.
These high volume options as listed on the chart are really unusual as the price action is so poor in NASDAQ:MU and sentiment within the SMH and the Tech sectors are terrible. The June G20 summit is really seen as the last chance for any change in tone towards trade with China, so investors in TECH are wishing June was over asap. On the flip side the sector is...
Triangle formation with strong resistance. Good drop is expected in 2-4 weeks
As it shows head and shoulders pattern to be confirmed after closing below 37.9 with target area of support between 34-32.5 RSI broken Dec-Uptrend Also MFI index showing some investors sold some quantity and broke down the trend . stochastic with sharp down trend which means more volatility . MU shares will be highly affected by US-China news which impact its...
The Bull run has hit a real barrier today, optimism had been the fuel to keep the run going, but Mr Trumps tweet last night sent the Futures tumbling and provided many investors a sleepless night, whom were caught out by Fridays rally.
It´s in a consolidation zone now , but lloks like a nice opportunity here
Ascending Triangle Pattern NASDAQ:MU Inverse Head and Shoulder - apply the distance upward from the tip of the head to the neckline to get a target of $47.15 with an accurate target of $46.62 (I know the H&S is months old but the target remains the same.) Thinking about this for awhile before I consider pulling the trigger on some calls. Thanks for visiting.
Obviously I would play this short but its lower than $100 so not my forte.
MU can convince me to go long with a weekly close above $45, somewhere above the 50MA. For now that area is acting as resistance and we're right there. No point in going long with your fingers crossed. I'm the kind of player who sits on the sidelines until a decision is made one way or another. Weekly close above the 50 = long. Current price - neutral. Any...
Micron is changing their future battle plan. It is not yet built into their earnings any bets is purely speculative. However that does not detract from the fact that this could be a great play. 200 MA breakout
This is a stock many Real life traders are in from a previous put sale. Doing a $46 covered call (if called away up there) would be profitable. However, the stock WAS already below $33 at one point. Therefore, buying that put as protection and selling the shorter term put will decrease the costs of the insurance and IF those who got put get called away, it...