MU Bear Flag Before Earnings
Updated
MU has a nice bear flag here going into earnings. It's been a strong name and it exploded after the last earnings. I see a bearish pattern, but that's not always useful when it comes to earnings. Important to watch moving forward.
Note
Well that worked out nicely, hoping this move down sticks and NVDA falls further as well.Note
A lot of folks seem to be upset that I posted a bearish pattern for MU before earnings and it led to a big sell off. Remember, 98% if traders you interact with on social media are failed traders. Nearly all retail traders lose, which leads to them becoming jaded and assuming no one can beat the market because they couldn't. Don't concern yourself with what failed traders on the internet think, haters will hate. I got so much hate for being a bull early in the year, and now I'm getting it for being a bear. Folks won't be happy because they're busy losing money and want to be angry at something.
Don't let haters get to or tell you what you can and can't do. Keep your head up and move forward regardless of your results. Never give up and don't argue with donkeys.
storyofsouls.com/dont-argue-with-donkeys/
Note
MU continues to fall off of a cliff. Retail sentiment is a powerful tool. It's important that you never let yourself be influenced by the herd, they are usually wrong.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.