Get started

MU

MU - DAY TRADEHi, today we are going to talk about MU and in a Day Trade opportunity. We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
NASDAQ:MU
by Igor-Silva
$MU Is A Buy On Dips To $40$MU selloff looks to be overdone in our opinion. Other analysts agree with this assessment. Needham raised its Micron (NASDAQ:MU) target from $50 to $60 after Micron's earnings report. Taking note of Micron's downside gross margin guidance - attributable to the excess NAND inventory and related pricing - Needham nevertheless sees several upcoming catalysts for the memory cycle, including 5G and a normalized supply/demand. More action: Piper Jaffray raised its MU target from $36 to $46, but notes concerns over NAND supplies and ASP pressure. More action: Rosenblatt jacked its price target to $80 from $60. Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR Flash, and 3D XPoint memory under the Micron, Crucial, and Ballistix brands, as well as private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets; memory products for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer SSD markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its internal sales force, independent sales representatives, distributors, and e-tailers; and Web-based customer direct sales channel, as well as through channel and distribution partners primarily to original equipment manufacturers and retailers. The company has strategic collaboration with BMW Group. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. As always, trade with caution and use protective stops. Good luck to all!
NASDAQ:MULong
by OptionsGains
Micron shares trade higher currently up by 3.3%NASDAQ Led semiconductor - Micron shares trade higher on Monday session currently up by 3.35% after the restriction of US semi suppliers were lifted allowing the company to continue its trades with Chinese telecom Huawei. Micron share prices gapped up during Monday opening trades and broke through a long term resistance trend line which is highlighted on the price chart above. Micron share prices could continue its uptrend if it remains within the price channel with an estimated price range from 46.42 to 49.75
NASDAQ:MULong
by Rotuma
MU - long-term short setupMicron reached nice levels where to start building short position. In worst case scenario $MU may fall as far as 70% from current levels, which is not absurd, given that the company is very cyclical, and global economy risks entering recession. More prudent approach is to wait when bear flag would be broken below 40$, however, given current overbought level, MACD divergence and current wave C reaching symmetry with A in potential corrective B of larger degree , we are in very good spot to try first entry, and then move stop tighter, if we will see move lower in the upcoming month. Stop: 64.67 Target: ~20$ NASDAQ:MU
NASDAQ:MUShort
by Silvestrov
Micron Short - Rising wedge pullbackMicron (MU) has had a monster run, now it looks time that the longs will take profits. MU is in a rising wedge and has shown a high degree of excess exuberance, i would be looking at either taking your long profits now and wait for a pullback to the 9 ema, or i would look for a short trade with the same target in mind. Personally i would favor the latter as the broader market also looks set for a sell off (i talk about hedging SPY also) and given micron has quite a high relative beta, this should drag MU down also.
NASDAQ:MUShort
by Profit_Link
Micron (MU) - The Trend is your FriendMU retested the ~ $36 break-out twice and has since headed higher. A solid close above $46 could indicate continued strength and a push towards $58-$60 would be the next target. Micron has remained within it's trend and break-out. Mgmt. has indicated they are in the early innings of the data demand which they have suggested could last until 2025. Recent mergers in the sector signal MU would be worth over $100. Strong balance sheet, share repurchases, and structural demand suggest this is a stock to watch going forward.
NASDAQ:MULong
by The-Trend-is-the-Friend
MU - LONG - Double bottom to 52.50- Double bottom at support. Micron is ready to fly, but I will wait a lite pullback at 35.00-35.50 - Strong stock on strong indusrty (Semiconductor). MU as been upgraded by Needham, from hold to buy at 50.00 as target. - Very trong fundamental : > P/E 3.57 > EPS : 157.6% this year Waiting for a lite pullback to buy and fly to 52.50 as potential and at is all time high at 64.50. I will update it regularly. Follow MU for development. I wish you a great trading day! Waz-
NASDAQ:MULong
by Wazaby
ABBV Sell Vacuum - Understanding Climaxes and VacuumsABBV is selling off this week in a third leg down from the buy climax and all time high. Although it looks strong at first glance, this is more likely a sell vacuum (sell climax) than the start of a strong bear breakout. A vacuum is created when strong bulls step aside and wait for prices to reach a location they want to buy, and the strong bears continue to hold for the same price level (and some continue to sell). This creates a temporary one sided market. This sell off is likely a test the previous converging triangle, and middle of the trading range preceding the bull breakout. The bulls will look to form some sort of double bottom which could be a failed breakout below the 60 or 50 lows, or an actual double bottom. If there is a reversal up next week, it would form a parabolic wedge bull flag, bears will look to take profits and bulls will look to re-establish longs. If instead there is continued selling and a strong breakout below the 50 low, the bears will likely get a test of the opening tight trading range around 40. If you found this helpful please like! Feel free to comment or ask questions.
NYSE:ABBV
by tradersmentality
MU watching Semi's this week with G20 newsMU has been beaten down for far too long - considering the amount of cash they make. RSI coming up nicely but hoping to move to the top of that new found range it's been trading in, then the real test of R1 & R2. Watching from the sidelines till something convincing takes place but if MU moves lower, I'm willing to enter at high $20's. Patience with MU from my experience - So volatile with memory news with every little concern feeling like blows to the gut - most of which is overplayed IMO - as is a lot of things with the market I guess! GLTA
NASDAQ:MU
by Slothcharts14