Trading Idea - Micron Technology
Updated
BUY
ENTRY: 87.72 USD
TARGET: 95.51 USD (+9%)
STOP: 83.16 USD
1.) rejection at the uptrend support level. uptrend continuation.
2.) retest of the resistance level expected
3.) The profit margins achieved by the company are among the highest of any listed company. The company's business is extremely profitable.
4.) The company's financial situation is excellent, which gives it considerable investment capacity.
5.) Within the weekly observation period, an upward trend can be seen above the support zone at USD 64.19.
ENTRY: 87.72 USD
TARGET: 95.51 USD (+9%)
STOP: 83.16 USD
1.) rejection at the uptrend support level. uptrend continuation.
2.) retest of the resistance level expected
3.) The profit margins achieved by the company are among the highest of any listed company. The company's business is extremely profitable.
4.) The company's financial situation is excellent, which gives it considerable investment capacity.
5.) Within the weekly observation period, an upward trend can be seen above the support zone at USD 64.19.
Trade closed: stop reached
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