History is a good indicator of the future, they current crossing in the MA's are bullish but possibly wait for a few sessions.
Average price target $55 | Overweight
Company profile
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU);...
I Like how Heikin-Ashi Bars show Trend. But I don’t like how they open at the midpoint of the previous bar so you can’t see Price Action, or GAPS. This Paint Bar Indicator solves that issue. I created the lower Indicator b/c currently if you want Paint Bars for any other candlestick patterns it’s not possible to plot both. Also more advanced version is coming...
$MU selloff looks to be overdone in our opinion. Other analysts agree with this assessment.
Needham raised its Micron (NASDAQ:MU) target from $50 to $60 after Micron's earnings report.
Taking note of Micron's downside gross margin guidance - attributable to the excess NAND inventory and related pricing - Needham nevertheless sees several upcoming catalysts for...
Upon dropping to 42 and approaching oversold territory, Micron has gotten some positive catalysts. A couple analyst agencies have upgraded Micron, bringing its Equity StarMine Summary Score to a surprising 8.9/10. Also, yesterday Micron filed a Form 4 indicating that one of the directors had purchased some shares. Unlikely though it seems to me given Micron's poor...
If it was any other day, i would think of going a call - (MU is going to long run winner, but market is in sprint mode)
Memory market demand is relatively cheap and overcrowded
china trade deal is having huge impact
less and less demand and over supply will sure make this a short term short candidate.
I would hate to see it go to 37$ but if it does, that will be...
Very nice bullish setup on daily candles confirmed by Fridays closing at 44.55 (special number) the suggestion is to fill up the previous gap on earning date and target 46.46 then 47.47 . What make this idea as short term is broken trend and broken RSI as you can see $MU did not cross it up .. if its go up for coming days it will touch broken RSI then we can...
SO we are already Short MU on the 60 minute timeframe on a 5th wave move with target of $41 using our Elliott Wave Indicator Suite for TradingView. Our original short entry was $43.66. I have placed a trailing stop just below the entry to now make this a "Risk Free Trade"
I am looking to add to this short position if MU breaks out of this short term range. So...
MU has been oversold along with the rest of market. Overall market is now seeing a bounce in the SPY and QQQ indexes. MU saw significant remounting to the upside today with a bullish reversal in the inverted hammer candlestick pattern. Looking to run up 6% to $46 level.
MU has a "buy" rating and a positive earnings surprise prediction from Zack's, and buying any semiconductor stock at such an attractive P/E is never a bad bet. (MU's P/E is about 6, vs. the average of about 15.) However, MU is also getting some massive bearish options activity, and in my experience these big options traders usually know what they're doing....
MU has breach resistance of the prior gap range in chart. Looking for a quick 3.5-4% move which I believe could hit this week. Target is the $48 level, most likely will reverse anywhere between 48-49.5.
Hi, today we are going to talk about MU and in a Day Trade opportunity.
We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Micron Technology, Inc. is engaged in semiconductor systems. The Company's portfolio of memory technologies, including dynamic random-access memory (DRAM), negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit (SBU), which includes memory products sold into enterprise, client, cloud and removable storage markets, and SBU also includes products sold to Intel through its Intel/Micron Flash Technology (IMFT) joint venture, and Embedded Business Unit (EBU), which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.
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MU
