$MU vs $AMD part 2

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

My team has been covering MU for the past few months. After consolidating in the $65-$75 range for the past couple of months we finally believe that MU is ready to take its leap to go past $100.

MU is a semiconductor company much like AMD. With this being said investors should expect these two to uptrend similarly short-term along with other semiconductor companies this winter due to a chip production increase.

For long-term investors AMD is the chip tyrant that will most likely dominate its competition, but that does not mean we can't still make money off MU.

My team entered MU at $72.92 per share at market-close on Friday. Our first take profit is set at $92 per share.

OUR ENTRY: $72.92
FIRST TAKE PROFIT: $92
2ND TAKE PROFIT: $103

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