Bonus Earnings: Sep 26: Micron - The Balloon is Getting Full

By TraderDanER
Updated
Company is up over 56% YTD on solid demand.
Stiff competition, however, will be a drag on guidance -

I expect a lackluster guidance revision and a slight correction in share price.
$30 PT through November 2017.
Trade closed: stop reached
Closed post-earnings.
Beyond Technical AnalysisEarningsmicronMUsemiconductors
TraderDanER

Disclaimer