MU trade ideas
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 looking to go Lower...Looking like this stock is selling off with increasing volume... very Small gap to fill @ $46.68
MU- THE STRATHave been trading THE STRAT by Rob Smith and it's awesome. Here is a trade I'm currently in.
Maybe jumped in a little early but going well so far.
MU: What yah got setting up?Saw some selling pressure at close but held at key support. Lets see if there is strong volume as there was today into selling, for tomorrow. If heavy volume.... the direction could be telling. There was Kind of a heavy fall on very little news (WDC earnings) when the semi-conductor industry is doing well. I am personally hoping for a rebound tomorrow but I would not be surprised should this continue to drop.
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 setting up for big move? What do you think?MU inside a triangle. other trends apparent... this is rookies eye... volume steady.... looks to be keeping flat.... move will tell direction.... all this from a rookies perspective
MU (Long)MU is on the strong support and technically it's ready to buy!
I think fundamentally it's nice to but this your research...
MU Short-term short for Week of 7.26MU looking weak here on the chart. We had bearish volume on Friday which we should continue into this week.
I wouldnt leave this short active longer than a day or two; nor would I enter the trade unless we get an hourly close below
49.75. As it goes lower in price, I would expect us to find more buyers.
Targets:
Target 1: 49.00
Target 2: 48.25
Target 3: 47.00
Target 4(extreme): 46.25.
Best of Luck,
--d0x
MU Inching Closer to BreakoutConsidering what AMD pulled last week. I would expect MU to show some strength. The RSI has been in an uptrend, and the stock has been respecting the trend.
Fundamentally, MU has a strong buy rating currently, which could add to its bullish case further.
