The-Trend-is-the-Friend

The-Trend-is-the-Friend

MU retested the ~ $36 break-out twice and has since headed higher. A solid close above $46 could indicate continued strength and a push towards $58-$60 would be the next target. Micron has remained within it's trend and break-out. Mgmt. has indicated they are in the early innings of the data demand which they have suggested could last until 2025. Recent mergers...

The-Trend-is-the-Friend

VLO retested the break-out. Discounting Cash Flow indicates VLO is a buy at $78 and worth $185. Global average to build out refining assets equates to $32,800 per refined barrel. At that level and subtracting current debt, this would indicate VLO to be worth $215. NYSE:VLO

The-Trend-is-the-Friend Updated 

Updated chart shows GE is still in downtrend. Reiterating target of $8. On March 21, 2018 I posted: As the saying goes “the bigger the drop, the bigger the need for repair.” Ex - all items, GE’s cash flow has not grown since 1994. Just back 3 - 4 years ago GE -1.24% was producing ~ $24 billion in cash flow. Using Basel III 2.27% agreement TCE ratios, GE...

The-Trend-is-the-Friend Updated 

GE has suffered enormous pressure to the downside as everyone is aware. Money Flow and RSI are at lows not seen even during 2009. As the saying goes “the bigger the drop, the bigger the need for repair.” Ex - all items, GE’s cash flow has not grown since 1994. Just back 3 - 4 years ago GE was producing ~ $24 billion in cash flow. Using Basel III agreement TCE...