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worldsapart89

Micron is a stellar investment

Long
Micron Technology (NASDAQ:MU)  
worldsapart89  
NASDAQ:MU   Micron Technology
Trend Lines Parallel Channel Oscillators micron semiconductors Bullish Patterns Earnings Williams %R (%R) smartmoney
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trendline parallelchannel oscillator micron semiconductors bullish earnings williamsr smartmoney
- Broke above the mid line of weekly Bollinger.
- September 26 is next ER.
- There was unnecessary fear around cycle peak. Smart money loaded in while weak investors lost money.
- This cycle is more diversified and will last through 2018.
- Most analysts are bullish.
- Last ER resulted in significant drop. Next ER, I expect at least a 10% pop.
- Price target: $36-38 after ER.
- Williams R will fluctuate between 0 and -20 for a while.
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