MU intraday trade ideaAfter Micron´s earnings, price is trading near a huge support (47,80), if we see in the daily chart at this level we can find the 50 MA and 20 MA for that reason we think that MU can hold that level and we can target around 49,5 Longby Five5AlphaPublished 1
MICRON-SELLING WITH THE TRENDWe see bullish exhaustion and we recomend to sell MU with the down trend! Shortby Win-algoPublished 1
MU- The StratOne I'm currently in. Three things Im cautions about: Inside week, inside hour, time continuity Shortby Ken_AdamPublished 4
Saham Syarikat MUMU Micron Technology, Inc. Technology | Semiconductors | USA MU adalah kod bagi syarikat Micron Technology Inc yang diperbuat dari segi sektor teknologi. Mengikut pemerhatian gelombang sahlun tentang saham ini adalah uptrend dalam tempoh 1 bulan lepas. Dari segi kriteria syariah setakat hari ini, saham ini adalah Patuh Syariah. PENAFIAN SAHLUN: Maklumat dan penerangan sebarang senarai saham, derivatif, komoditi, matawang kripto, bon , sukuk atau sebagainya yang dinyatakan adalah sebagai tujuan pendidikan semata-mata dan bukanlah saranan pembelian mahupun penjualan. Segala liabiliti risiko dagangan adalah diatas tanggungan sendiri. Anda hendaklah mendapatkan rujukan dan nasihat dari pakar dan konsultan bertauliah.Longby HairulAziziPublished 0
$MU Micron Bullish reversal Into earnings Very bullish reversal today off the 50 &20ma's before closing above the 200MA. RSI in very bullish uptrend. Nice rise in volume today. $50.00 is strong resistance with the downtrend also in play. Has been a mixed bag into earnings in the past and can also surprise to the upside. Well worth a entry pre earnings with $48 as s/lLongby BullishchartsPublished 45
MU has a big testMU's next target is $53. With wave 5 being completed in the SPY, we are out of the ABC correction. The market is now back in the hands of the bulls, so if $53 can be broken, I'm looking at $55.50 as the next target.Longby FiboTrader1Published 3
Symmetric Triangle Earnings 9/29MU was trading in an ABC pattern and has broken up from a falling wedge Has morphed in to a symmetrical triangle 49.10 is long entry level with a clear uptrend in place Gap under price that looks to be filling by a candle tail NV is fading a bit. Short interest low Possible stop under 42 Earnings 9/29 Not a recoomendationLongby lauraleaPublished 2
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 areaLongby UnknownUnicorn7005306Published 4
THE WEEK AHEAD: MU, BBBY EARNINGS; XOP, GDXJ, SLV, EWZ, KRE, XLEEARNINGS ANNOUNCEMENT VOLATILITY CONTRACTION PLAYS: MU (27/57/10.8%)*, announces Tuesday after market close. BBBY (32/105/20.2%), announcement Thursday before market open. Pictured here is an MU October 16th 44/55 short strangle, paying 1.52 as of Friday's close (.76 at 50% max). For those of a defined risk bent: the MU October 16th 40/45/52.5/57.5 iron condor was paying 1.74 at the mid as of Friday's close, (.87 at 50% max). For BBBY, I'd probably go short straddle, skinny short strangle, or skinny iron condor with the October 16th 14/15 skinny short strangle paying 2.46 as of Friday's close (.62 at 25% max), and the October 16th 10/14/15/19 4-wide paying 2.02 (.51 at 25% max) with risk one to make one metrics. OPTIONS LIQUID EXCHANGE-TRADED FUNDS SCREENED FOR >35% 30-DAY IMPLIED AND RANKED BY PERCENTAGE THE NOVEMBER (56 DAY'S) AT-THE-MONEY SHORT STRADDLE IS PAYING AS A FUNCTION OF STOCK PRICE: XOP (16/54/17.8%) GDX (22/54/17.0%) SLV (39/48/14.4%) EWZ (19/44/14.1%) GDX (21/43/14.1%) XLE (26/41/13.5%) SMH (24/40/11.3%) BROAD MARKET: QQQ (33/34/10.9%) IWM (31/34/10.6%) SPY (21/26/8.3%) EFA (22/24/7.1%) DIVIDEND GENERATORS FOR THE IRA SCREENED FOR THOSE WHERE THE NOVEMBER AT-THE-MONEY SHORT STRADDLE IS PAYING >10% OF STOCK PRICE: SLV (39/48/14.4%)** EWZ (19/44/14.1%) KRE (27/44/14.2%) XLE (26/41/13.5%) MUSINGS: With the major binary event of the year approaching (U.S. general elections), I'll be attempting to resist the urge to trade in the margin account and will flatten that completely running into the October monthly expiry. The intent was to wind that account up prior to year end, so now is as good a time as any. With retirement approaching, my medium to long-term focus will be turning to IRA trades in a cash secured environment, with the focus on exchange-traded-funds with dividends and the general go-to strategy being short put, acquisition, and covering, resorting to highly liquid single name only in the event that sector and broad market volatility totally dry up. I'll continue to grind on those broad market/exchange-traded fund trades through the election as long as volatility hangs in there, naturally keeping some powder dry in the event that a high volatility event presents itself. This basic approach has worked well over the years, and I see no particular reason to change it now, even though it has zero sexiness and can be slow going, particularly if you're not the patient type. My current stock positions are in SPY (covered call), TLT (covered call), IYR (covered call), and EFA (covered call). In addition, I've got short puts or short put ladders deployed in QQQ, IWM, SPY, SLV, EWZ, KRE, XLE, GLD, and HYG. Previously, I was hesitant to dump my stock positions or allow them to be called away due to their paying dividends, but may change my tune, particularly with SPY, where the dividend is a paltry 1.76% relative to what the 30-day 2 x expected move short put is paying currently. Naturally, what a given option will pay will depend on where the implied volatility is at the given moment, but here the 2 x expected move short put nearest 30 days is the October 26th 305, paying 2.60 or .86% ROC at max (10.32% annualized). The basic question is whether it's generally worth it to hang out in shares when you don't have to, even if you're getting a little extra something something if you've covered.*** Short puts, after all, make money regardless of whether the stock goes up or sideways and can even make money if the market goes down, assuming that your break even isn't broken; stock only makes money if it goes up. Short puts can be rolled to reduce cost basis further; once you're in stock, you're married to the position. I guess I'm trying to talk myself into allowing my shares to be called away ... . :-) * -- The first metric is the implied volatility rank (i.e., where 30-day implied is relative to where it's been over the past 52 weeks); the second, 30-day implied volatility; and the third, the percentage the October at-the-money short straddle is paying as a function of stock price. ** -- Neither SLV nor GLD pay a dividend. *** -- The 2 x expected move short call nearest 30 days is the October 26th 346, paying 1.56 or 18.72 annualized, which also far exceeds what you'll receive in SPY dividends on an annual basis (currently 5.681/share or $568.10 per year for a one lot).by NaughtyPinesPublished 4
MU showing great strength MU broke upwards from the could and showing incredible strength. First resistance to be cleared is $52.17 (R2 Fib Pivot). Next stop is at $55.66 (R3 Fib Pivot). Longby juicySkewPublished 0
$MUMU jus touch its supply level, next week is earnings can go both side ways but I could say demand level 1 luckily level 2by curielp13Published 112
🤖 MU LONG 🤖MU is one of the few stocks that has been struggling on making the V-shaped recovery compared majority of it's peers in the tech industry. As we can see MU is back to it's consolidation range back from June-August. Breaking above 51.30 and we'll retest 53.50-54.00 hard resistance. I picked up a few 52C 10/2 swings from yesterday and ended up trimming half for 30% and swinging the rest considering the amount of time we have and how MU's is setting up. PT @51.90-52 and 52.60-52.75 Ideal PT @53.8-54.20 Conservative SL @50.55 Max SL @49.69 Look to Short MU and TP if MU fails to break over 51.50-51.60-51.75 minor resistance @Open todayLongby KindreddPublished 8
$MU Micron a Bull among the bears Previous Targets hit so lets se where to next, Our weekly resistance level has been hit and held perfectly, thus we set our alert for $51.50 for possible long entry. Potential targets in teh short term as per chart. Stock has shown great relative strength this week so bullish in teh short to medium term. Longby BullishchartsPublished 1120
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.by FiboTrader1Published 112