$MU getting accumulated with PT $140-220- NASDAQ:MU GAAP eps is growing substantially in 2025 and 2026 but market hasn't rewarded NASDAQ:MU
- It appears that whales are accumulating the stock and/or suspicious of NASDAQ:MU future demand.
- If analyst expectation and company's projection is true then this stock is grossly undervalued.
Based on the fundamentals:
Year | 2025 | 2026 | 2027
Gaap EPS | 6.32 | 9.65 | 11.27
EPS growth | 730.48% | 52.72% | 16.80%
Bear case ( for. p/e = 15 ) | $94.8 | $144.75 | $169.05
Base case ( for. p/e = 20) | $126 | $193 | $225
Base case ( for. p/e = 25 ) | $158 | $241 | $281.75
Bull Case ( for p/e = 35 ) | $189 | $289 | $338
MU
Opening (IRA): MU March 21st 75 Covered Call... for a 72.85 debit.
Comments: Looking to do something small here on weakness: Selling the -80 call against shares to emulate the delta metrics of a 20 delta short put, but with the built-in defense of the short call. Earnings are on 3/19, so will look to be out by then.
Metrics:
Buying Power Effect/Break Even: 72.85
Max Profit: 2.15
ROC at Max: 2.95%
50% Max: 1.08
ROC at 50% Max: 1.48%
AMD: A Once-in-a-Lifetime Opportunity!**🔥 AMD: A Once-in-a-Lifetime Opportunity!**
In pre-market, AMD briefly touched **$125** following earnings. You all know how this works—sooner or later, the algos will bring it back to that level. No hesitation, I’m **quadrupling my bet—going in MASSIVELY!** 🚀💰
Micron Technology - The Textbook Chart!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past seven year, Micron Technology has been respecting a pretty clear rising channel pattern. With the recent all time high breakout, it is very likely that this level is now holding as support and we will eventually see a rejection and new all time highs.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Micron (MU) Stock Update: Correction or Collapse?Morning Trading Family
Here's what's up with Micron (MU): If it bounces back at 92, cool. But if it keeps going down, it might hit 89-90 before it stops. If it drops past that, we might see it go to 84 or even 80. This could be a big moment for MU, so keep watching!
Kris/Mindbloome Exchange
Trade What You See
Micron's Next Move: Will $102 Trigger a Drop to $98?Micron (MU) is showing a head and shoulders pattern, and it’s at a critical level. If it breaks below $102, I think we could see it drop to $99.50 or even $98.
This could be a big move, so keep an eye on it!
If this helps, I’d love to hear your thoughts—drop a comment, like, or share. Let’s trade smarter and live better! 💡
Kris/Mindbloome Exchange
Trade What You See
Micron Technology's Journey to the 136 PeakGood morning, trading family! Here's the lowdown on Micron Technology (MU):
Picture MU climbing "136 Peak" with hurdles at $104, $111, and $114. Each is like a mountain bump where we might see a slip or a leap forward. With AI and memory chips in high demand, Micron's equipped for this climb, but expect some corrections like pit stops. Keep an eye on tech trends and the economy; they'll tell us if MU makes it to the top!
If you found this useful: boost, share, like, and comment. I appreciate all the support! If you're struggling as a trader to be sustainable, I get it - I've been there myself. Jump in, send me a DM or head to my profile; I'm more than happy to help.
Kris/Mindbloome Exchange
Trade What You See
Micron Technology: Bearish or Ready to Break Out?Good morning, trading family!
Micron (MU) is at an important spot right now:
If we move lower, I’m watching $97 and $96 as key levels, with potential for more downside.
If we hold above $100, there’s room to climb to $102, $103, and $104. A break above $104 could mean a smoother ride higher.
I’m also hosting a Master Your Mind Traders Class this Sunday to help you refine your skills and mindset. Want to join? Send me a message for details.
Kris/ Mindbloome Exchange
Trade What You See
Micron Technology (MU): Is a Big Move Just Around the Corner?Good morning, trading family!
Micron’s price has been moving between $92.90 resistance and $84.26 support, and it looks like a big move could be coming soon. Will we see a breakout to higher levels, or a pullback to retest support?
This is one of those setups where being patient and watching how the price reacts at these levels can really pay off. Stay ready, and let’s tackle this opportunity together!
Comment, like, follow, or send me a DM if you want a deeper analysis or more insights!
Kris/Mindbloome Exchange
Trade What You See
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
MU Breakout Coming or Another RejectionNASDAQ:MU This is looking like it could go with earnings. If there is some good news MU could break through this Golden Zone and head back to ATH. If we get another Rejection at the bottom of that Zone. We could be heading back down. Either way chart looks good for a play.
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Micron (MU) is Heating Up! Breakout at $114.52 and Soar UP Key Levels to Watch:
Breakout Level: $114.52
Retracement Target: $122
Major Resistance Levels:
First Target: $140
Final Target: $170
What to Expect:
If MU can break and close above $114.52, we could see a retracement to $122, creating a solid base for the next leg up. Once it clears $140, the path to $170 becomes much clearer. This level will be critical for the bulls, and if it’s breached, MU could be in for an exciting run!
Kris/ Mindbloome Exchange
Trade What You See
MU Micron Technology Options Ahead of EarningsIf you haven`t bought MU before the previous earnings:
Now analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week,
I would consider purchasing the 105usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $4.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$MU uptrend tapping older highs as new lows?Thinking about starting a small position on NASDAQ:MU $100c for Jan. 2025 for a scalp into earnings call Dec. 18th. Bear vs. Bull flow seems mixed but I see, in my opinion, enough actionable call option flow to take this trade on top of a good looking technical layout. The chart shows me uptrend and bouncing off it's double tops from previous years at $95. Can be utilized as a new clear support. Looks like it's creating a symmetrical triangle off the highs of $145 in June 2024 which currently puts the stock at almost a 37% retrace from that time.
$SOXL Inverted Cup and Handlel (SELL NOW!)Grasping chart patterns is essential for market participants. This article explores the inverted cup and handle formation, a bearish signal that suggests potential downward movement.
The inverted cup and handle, also known as an upside-down cup and handle pattern, is a bearish chart pattern that can appear in both uptrends and downtrends. It is the reverse of the traditional bullish cup and handle pattern. The inverted formation consists of two main components: the "cup," an inverted U-shape, and the "handle," a small upward retracement following the cup.
SELL NASDAQ:NVDA AMEX:SOXL NASDAQ:AMD NASDAQ:AVGO NASDAQ:QCOM NASDAQ:MRVL NASDAQ:MU $TXN.
Lets BUY it again WHEN IT'S LOW guys.
Mark my word
Opening (IRA): MU Nov 15th 95 Covered Call... for a 92.53 debit.
Comments: Post-earnings, IV remains somewhat decent here at 45.2%. Selling the -80 delta call against long stock to emulate the metrics of a 20 delta short put, but with built-in short call defense.
Metrics:
Buying Power Effect/Break Even: 92.53/share
Max Profit: 2.47
ROC at Max: 2.67%
50% Max: 1.24
ROC at 50% Max: 1.33%
Will generally look to take profit at 50% max, roll out the short call on test.
MU Micron Technology Options Ahead of EarningsIf you haven`t bought MU before the breakout:
Now analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week,
I would consider purchasing the 90usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $6.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MU: Trading Around a Critical Resistance Level!Since MU broke through its reversal point at $91.47, the stock has entered bullish territory, and has now reached our technical target at $111, which was set in our last public analysis on September 18, when the price was around $88 (link below this post).
Now that the technical has materialized exactly as expected, according to the evidence we had at the time, we can update our reading.
Daily Chart (Left):
Resistance at $111: The price has reached its resistance at $111, however, it needs to close above it to confirm a true breakout. If a top signal materializes below this area, then a pullback might occur.
Support at $96.18: Should a pullback occur, the $96.18 level, aligned with the 21-day EMA, can provide support. The price is comfortably trading above this area, which reinforces the bullish momentum.
Gap Resistance at $127.24: If the bullish momentum continues, the next major level to watch is the gap resistance at $127.24. Closing this gap could provide a significant boost for the stock, as it will have cleared a major technical barrier.
Weekly Chart (Right):
Double Bottom Pattern: A clear double bottom is forming around the $85 level, which typically indicates a potential reversal pattern. The price broke through the neckline at $111, but it needs to close above it to confirm this pattern.
Projected Target at $157.54: Based on the double bottom pattern, the potential target is around $157.54. This key point is the next technical resistance.
Conclusion:
MU is in a bullish phase, trying to break through the $111 resistance. With the double bottom pattern in play, the stock has room to test the $127.24 gap resistance and potentially extend toward the $157.54 target. However, should watch for possible top signals, as this could bring a pullback to the $96.18 support area, which may offer buying opportunities if the trend remains intact.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.