MU analysis - the paradox- looks like USOIL RSI and candle wise - is considered as a comodity or an afterthought product - i do not debate how wrong is this approach... still is obvious that the market consideres memories as fuel (not completly wrong, maybe just a bit idiotic) www.youtube.com Watch the Weekly candels and stochastic turn ... this baby goes down. Like Oil. www.youtube.com What is sad: hte most undervalued and profitable stock on the market is bumped and crushed to the bone. I will not short it. I am here just to underline the paradox.Shortby CodedFlow1
Autonomous Trading CEO Warns on Micron Bear Market and CrashJunk rating $64 Wall Street upgrades to $110Shortby autonomoustrading0
Micron Tech 13 RRR shortTrading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.Shortby fiboracle111
MU Channel B/O looming. Use STRADDLELong Straddle at the money 30 days out looks too good to pass on here at 35.00 -36.00 vicinityby kronosvxxxiii0
MU, $MUHard sale pressure on MU, -45% form May. Not bad earning report, not bad fundamental ratios, but have problems in margin and price of memory components using for develop product. Next year can be more hard if company cant find out how to make money based on technology and supply price which they use now.Shortby GeorgeVeritas0
MU nearing resistance at $41/$42MU would be a good short between $41 and $42 as it bounces off of the top of it's id-term downward channel.Shortby RyanDreBach1
MU Technicals Finally LongFOOKING FINALLY MATE. We enter long-setup. Target USD 50.Longby bilalqadry3
UPdates Micron MU .. Remain long Up trend targeting 47-50As discussed earlier indicators showed breaks up a week ago . now we will reach 1st target at 40.5 then 41.3 then 44 then final one at 47-50 green color but expected to hold above 38 again to confirm the new uptrend. short support will be last week closing at 38.5 up to 37.9. for more please check previous analysisLongby WinnerTrader992
possible Short idea$MU haven´t been able top hold above 40$ level, breaking a multiweek level.Shortby joseramonperezq2Updated 1
Common ! Time to settle trade war and strike a deal ! Looking very good. Earnings breakout likely and rally back to 45+Longby simbha225
LONG MICRON $MU Targeting 40-44-50 Summery long positions at area between 35-36 .. targets 40-44-50 RSI and MFI indicators showing positive movements But Slow stochastic showing down trend or more volatility candles pattern also positive bullish short term trend Confirmation of uptrend after closing above 40 for at least 3 days Stop loss if breaks 34 with high volumeLongby WinnerTrader994
ADDED 1,000,000 SHARES - POSSIBLE BUYOUTWe heard a rumor that at least two to three large chip companies approached Micron about a takeover. Is the rumor true, we are trying to find out. We can say this, after looking at the stocks / P/E's of lesser public companies, in the computer / technology industries and other industries, and then looking at the price of Micron, if the company is not purchased by Intel (INTC), Qualcomm (QCOM), Taiwan Semiconductor (TSM), Qorvo (QRVO), Microchip Technology (MCHP), Western Digital (WDC), Broadcom (AVGO) or someone else, it will be a miracle. Look at Cracker Barrel (CBRL), trading at 19 x trailing 12 months, with a P/E of $9.00...STOCK PRICE = $172.00 (yes, we understand it's a restaurant - that doesn't change earnings for earnings or P/E for P/E) So, even if Micron sales drop, and E.P.S drops to between $8.00 and $9.00, the stock should be trading upwards of $175..? No..? E.P.S is E.P.S right...? Cracker Barrel has a market cap of only $4.2 Billion while Micron has a market cap of $41 Billion... Look at MCHP, trading at $73.00 with a market cap of only $17 Billion... P/E....? 32 x trailing 12 months...? OMG! Look at QRVO, trading at $63.50 with a market cap of only $7.7 Billion... P/E...? 460.33 x trailing 12 months...? OMG! MICRON is one of a handful, if not the only UNDERVALUED STOCK ON THE STOCK EXCHANGE Corrupt Analysts calling for more of a drop in the price of Micron could soon be kicking themselves in the teeth! We will continue to keep adding Micron to our portfolio at these FIRE SALE PRICES! IT'S REALLY DISGUSTING WHAT IS HAPPENING TO MICRON! WALL STREET HAS MICRON ALL WRONG AND SOON, THEY WILL ALL BE JUMPING OFF BUILDINGS! HAPPY THANKSGIVING TO ALL OUR FOLLOWERS!Longby UnknownUnicorn31599816610
MU: BEST BUY IN THE MARKET200%-300% Upside. Long term targets are labeledLongby ll21LAMBOS21Updated 887
MICRON MU now 38.2 . Long position from 35.5 to 36.5 target 50Positive moments for most indicators . breakup RSI with good volumes indicate we reached bottom levels Good support at 35.5 and 34 shall be stoploss for this new trend. 44 is main resistance and the target is 50s Longby WinnerTrader994
Trouble brewing for MU We have weak support in the mid 30's but it does not look like it is going to hold. I believe this 10 billion dollar company stock buy back is propping this one up. An my bet is the selling will intensify with the recent politicized rhetoric. Will look for a long entry in the 20's. While we wait, short it if you got the stones. Shortby McllroyCharlee1