MICRON
Micron was holding it's gains today compared to AMD. I like $88+ for a price target.
Everything is really dependent on the geopolitical situation but there IS strength in this name.
Notice the volume profile and the 200 ema is also a level that's important. Technical analysis only works if fundamentals support it and the geopolitical risk is what's holding people up but there are buyers out there.
Micron was holding it's gains today compared to AMD. I like $88+ for a price target.
Everything is really dependent on the geopolitical situation but there IS strength in this name.
Notice the volume profile and the 200 ema is also a level that's important. Technical analysis only works if fundamentals support it and the geopolitical risk is what's holding people up but there are buyers out there.
Note
I forgot to add the 200ema
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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.