Bought $MU today will manage the book as we go, I like the current dip in this name $75 very good value IMHO
buy dips sell rips...
Microntechnology
$MU for Range Trade and For Long!Entry Price: $82.15 is a good entry.
$MU (Micron) for long-term. Current price $82.15 is a good entry. Hold till you make some good money. Also, good for swing trade. Before doing the swing you should need to calculate how you going to place the strategy.
I would be more than happy to make 10% in swing trade. Stocks like $MU doesn't go up 50-60%. But they are really good for portfolio risk management.
Trading Idea - Micron TechnologyBUY
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.
MU AnalysisWill the open MA's lead to an upward breakout out of the rising wedge?
Or will the technical patterns ( rising wedge ) favored outcome arise? Bearish .
Personally I'd follow the Technical Indicator's assessment
MU BullishAbout to go all-time high and the price target was increased by the majority of the firm as $100+ ~ $115+
MU Micron Technology will continue the uptrendMU Micron Technology will continue going up after finding support on the 200 sma that was lining up with the 0.618 fib level which was also lining up with the 3/1 gannfan line and a major support level to the left. It made a double bot and an overall higher low structure.
MU will continue going up until the 1.618 fib level (58.13) which is the 2/1 gannfan line, aswell as a major resistance area
MU a great long term betMicron has broken out of its first pennant, but I see a tide of selling going into next week dragging MU down to high $47's. I am waiting until the end of the month to go long on anything, but Micron is high on my list of lagging stocks that I see busting out to ATH's going into the end of the year.
MU UpdateNASDAQ:MU
Hi all, MU is still inside a consolidating triangle, so I am not looking for a breaking to ATH's yet. MU next target is 49.20, but if it can't break the downward resistance, it will likely retest 43 range. As long as MU stays above the upward support, the target is 49. Further analysis and thanks to my followers for keeping me up to date
TIME TO JUMP ON MU NASDAQ:MU
As per my previous analysis, MU did exactly as expected and filled the gap at 46.80 and hit support at the $45 level. Now MU has settled at a support line established during the flash crash of Christmas 08. Nothing screams BUY MU like this setup.
Feel free to follow for ongoing analysis
MU to fall a little further before buy opportunityNASDAQ:MU
MU broke through the channel I drew and the stock appears to be heading towards major support at $45. I will consider this my entry point for calls. I think this a great stock that doesn't get the credit it deserves. I'd like to see this stock head to $60 again by year end.
MU - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
This would be a great Buy Opportunity, IF NASDAQ:MU breaks up the Daily Resistance line at $52.71 (with a whole Candle) !!
MU Rising WedgeMU Idea
A clear rising wedge has formed between the dominant trendline and another trendline below this line
A inverse H&S has also formed with a possible right shoulder already printed, a possibility that it is a fake and another will be printed as a result of the rising wedge.
Blast Off! Chart looks fantastic.
PMO, MACD, RSI & STOCHASTIC look bullish.
Blowout Earnings coming within weeks.
Looking for Micron to trade up to its old time highs of around $61.00
Long!
Semiconductors anyone??Cup and handle on the daily for Mu and weekly for Intel. This is a very bullish and often very successful chart pattern. Go long buddy!
MU Completing Long-Term BottomMU weekly chart shows a bottom completion underway for MU as it recovers from a 50% decline last year. The stock is showing some underlying momentum from large lot hidden activity.
MU Bearish Bat PRZPattern invalidated if price rises above the X point so the stop is just above it.
MU Island topMU has formed an island top the price may come to a reversal at the 1 fib level due to this formation. Maybe a rounded top? Possibly my favourite chart pattern so far.
MU before EarningsPhenomenal technicals for MU right before earnings release tomorrow. I used to trade this stock in the past, always loved its performance.
Stock is consistently creating higher lows and higher highs. 10 out of 10 indicators check out bullish. Stock is likely to break the ATH once again post-ER.
Before the ER it would be great if MU would close the gap created yesterday to allow for smooth sailing through the upper trend line seen on the 'monthly' below.
