We’re picking up and seeing a trend reversal. Even though MU has not kept there word by purchasing there own stock. I think they will let it slowly build and then we will see a big jump in the coming months back into the high 50’s
MU sold off on earnings but so far they supporting price. When a stock doesn't sell off on bad numbers it makes you think there are buyers waiting for the dips. I don't even have it crossing a weekly or monthly fib fan zone. Any ones guess if it can hold up. I'd feel better to see a rapid dip below to accumulate. Right here the auction seems in parity. I...
As the amount of data shared continues to double every two years, memory is a constant and increasingly needed commodity. Memory's super cycle has come to an end mid-term, but will return within the next year or so and be larger than ever before. I expect MU to drop to $30, even with it's $10bill buyback, as MU management has no incentive to pump their stock...
Alot of people are currently looking at the 6 month to 1 year charts when making decisions on what momentum MU is going. I believe MU should only be traded for short term investments.
If you look at my chart you can clearly see MU has been over bought by looking at RSI, and the MACD is showing a change in trend.
In the past the same thing has happened. I also...
MU's growth has been slowly decreasing in since May of this year with the 200-day Moving Average leveling off around $50. After what should have been an bullish earnings beat, poor guidance has led me to believe MU may start going down in the long-run. However, in the short-term I am anticipating a run up target of $47 by the beginning of October. MU has...
Although both FDX and ORCL announce earnings tomorrow (Monday) after market close, the underlying with the implied volatility metrics I generally look for in a volatility contraction play are present in MU, which announces Thursday after market close.
With a rank of 82 and a 30-day of 60%, the 70% probability of profit 39/52.5 20-delta short strangle is paying...
Looking like a failed H+S. I use fib so looking for target of .618 retrace for this earnings report. I've been reading up at MU has a ton of debt that it will have trouble paying off as interest rates going up, they definitely won't be able to do stock buybacks. If things get really bad then 16... but for right now kinda just looking like the platform support of...
Our extremely thorough analysis indicates that a YOLO trade might be warranted on MU. We are buying $55 calls expiring tomorrow. We expect a large plate of chicken tenders for dinner, should this move occur.
