Did everyone forget about Micron? I didn't! 69% Move Inbound!NASDAQ:MU Did everyone forget about Micron? I didn't! 69% Move Inbound! In this video analysis, we will go over: 1⃣ My #HIGHFIVESETUP 2⃣ Microns BULL FLAG 3⃣ Trade ideas, including Entry/Exit/PT's 4⃣ ... NFA NASDAQ:MULong03:54by RonnieV29212138
MU"MU is a very excellent stock for long-term investors, with an investment target of $198. It is forming a great pattern on the monthly chart. For short-term traders, entry is at a breakout above $114.14, with a stop-loss at $97. The target levels are the areas defined on the chart."Longby IbrahimTarek10
MU has closed above resistance MU has triggered my second entry with a close above resistance yesterday. My buy order is at 113.87 just above yesterdays high and my stop is at 105.60 just below the gap from 06 Nov. the 8 ema is above the 21 and 2ema is currently above the 89 ema pointing a short and longer term trend change. The angular trend line could also be used for a trailing stop until a better level presents itself. I try to remain flexible within my risk management rules! by WarrenCPUpdated 2
Micron $MU squeezeMicron squeeze. 1.4 days to cover. Micron Technology Inc $ 108.08 MU -3.82 Short Interest Ratio (Days To Cover) 1.4 Short Interest (Shares Short) 35,200,000Longby trader065100
MUif 110 hold, going to 130 an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidenceLongby Humble_HunterUpdated 111
10/27/204 - Sunday Night Analysis - MU - ShortBased on: Technical Analysis Fundamentals Trend Analysis CRT and FVG Short MU temporarily.Shortby Trader6042
MU buyingAfter confirming the breach of the previous channel, the next target is the ceiling of the new channel, which is level 145.Longby Abu-Rital1
Difference between candles and barsHey traders and investors! What is the difference between using candles or bars on a chart? This example clearly shows the key difference. Take note of the closing price of the candle on September 26 (point 8 of the range). On a candlestick chart, this is impossible to understand. On a bar chart, the closing price is clearly visible. The closing price is below the range boundary of 111.34, the trading volume is enormous, and the buyer was unable to break above the range. Now, the price has reached the range boundary of 111.34 for the second time on increased volume, and the seller has absorbed the buyer, forming a buyer's zone at the upper boundary of the range. There is a high probability of further price decline within the short vector 8-9 of the range (potential target 85.92). However, there are threats along the seller's path. You might consider buying at the 98.7 level (if buyer will protect it) or around 84-86. Good luck with your trading and investments! by AlexeyWolf221
Inverse head and shouldersAn inverted head and shoulders is almost complete Price can get a strong upside boost during next weeks Longby balinor4416
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.Longby NaughtyPinesUpdated 0
$mutest short NASDAQ:MU here? good r/r what i think½! but i dont know anythign about the company!Shortby zhutzy2_01
MU108.50 above trendline breakout possible SL 10 111/112/113.50/116/119/123/127 TARGET Gap fill possibleLongby Equity_Research_Analyst-02119
MU Chart looking very good ! If you don't have any position yet, wait for it to breakout of the red area and retest. will update for entry! STAY TUNED Longby ChartHouse_2212
The importance of the length of the linear regression channelYou can see here that a linear regression channel that starts as early as September 2022 explains why Micron shares are now rising. Educationby roni4ever3
MU - Time to build long positionMU is pulling back on low volume to fill the earning gap. Started a small long position, this has scope to go further down to fill the gap completely. If so, Around 95-96 is the good entry Long around - 95-96 Stop Loss - 90 Target 1 - 120 Target 2 - 130 Target 3 - 135-140Longby just4tradinUpdated 7726
$MU with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:MU after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.Longby EPSMomentum116
97-100 per share soon. Long term buy structure See my blue zones below and buy when its in the zone. This has seen to much selling pressure and just hit major support dating back a few years. Only way this fails is if the company looses its backbone during earnings.Longby LeapTradesUpdated 20
MU 0.618 Fib retraction since gap -LONGMU has retracted to 0.618 Fib retraction since gap up with a little bounce, support in the area - long, target 131Longby Bhriggs119
MU ,bulls looks don't want to repeat past mistake Last time big gap was created and was filled much later ... this time bulls don't want to repeat the same mistake.. (looks like )by FibFun4
Micron Technology – New Growth Cycle Key Supporting Arguments ▪ Rising sales of AI-enabled smartphones and PCs ▪ Favorable pricing environment for memory chips in the upcoming quarters ▪ A quarterly report that will be released on September 25 is expected to be strong and provide a more positive outlook for this quarter and the year ▪ Micron Technology has resumed its buyback program Investment Thesis Rising sales of AI-enabled smartphones and PCs. The robust sales of AI smartphones, including Apple and Samsung devices, along with a new PC refresh cycle in the coming quarters, should bolster sales of the company’s memory chips. In the second quarter of 2024, sales of AI-enabled PCs increased by more than 100%, contributing 85% to the quarterly sales growth. According to IDC’s initial estimates, PC and smartphone sales growth will further accelerate in the third quarter, and the penetration of memory chip-intensive AI devices will continue to expand. Micron Technology’s management projects that AI-enabled PCs will have on average 40-80% more DRAM, and DRAM in AI smartphones will increase by 50- 100%, which will bolster the growth in demand for DRAM chips. Minimum SSD capacity for AI-enabled PCs has already doubled, while the expansion of SSD capacity in smartphones is driven by an increasing share of premium fullconfigured devices in total sales. Major U.S. telecommunications companies have independently reported extremely strong demand for iPhone 16, with consumers favoring more expensive models. Favorable pricing environment for memory chips in the upcoming quarters. Recent data from TrendForce and comments from Micron management suggest that pricing environment remains favorable. DRAM chip prices are expected to rise by approximately 11% through the third quarter of 2024. Since August, Samsung and SK Hynix have raised the prices of DDR5 chips by 15-20%, and Micron will undoubtedly follow suit. This price increase, combined with a growing share of HBM sales, will significantly boost Micron’s ASP of DRAM chips in the fourth quarter. Although price trends in the NAND segment have been slightly weaker than expected because customers over-accumulated inventories in the first half of 2024 in anticipation of higher prices. Nevertheless, the overall positive trend in the NAND segment remains intact. The quarterly report to be released on September 25 is supposed to be strong, with a more optimistic outlook for the quarter and the year. In early August, Micron Technology resumed its share buyback program, indicating management’s confidence in the company’s business performance. Ahead of the report, several investment firms have revised downward their financial forecasts for the company, which reduces the risk of unmet expectations. Contracts with industry leaders, anticipated price increases, and the rising shipments of HBM memory and SSDs for the B2B segment set a positive tone for Micron Technology, whose stock has been heavily oversold in recent months. Our price target for Micron Technology (MU) over a two-month horizon is $109, with a “Buy” rating. We recommend setting a stop-loss at $78.Longby FreedomHolding4
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. Longby TopgOptionsUpdated 557
MU Update: Ready to Test New Highs?Continuing from my last two ideas on NASDAQ:MU , the double-bottom formation still has potential. There's an unclosed gap around $123 that should be closed, and I see similarities between the earnings surge back in March and the current one in September. If this plays out, my price target is $137.13, with a possible test of the all-time high at $157. My Trade Plan: I'll be looking for a retest of the 150-day MA for support before entering, aiming for ~20% profit. However, it's crucial to monitor the volume closely. What are your thoughts? Are you bullish or bearish on MU, and where do you see it heading next?Longby elka_graph224