MU - Micron Technology, Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Apr 4, 2016.

  1. stock1980

    stock1980 New Member

    Joined:
    Sep 19, 2017
    Messages:
    9
    Likes Received:
    0
    I think MU is in overbought area and could test 30. If it broke 30, I think it will test low 20 or high teens.
     
  2. Pouie

    Pouie Member

    Joined:
    Jan 9, 2017
    Messages:
    49
    Likes Received:
    22
    I just became one a few months ago and stuck through the giant dip and glad I did! :D
     
  3. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    The good thing about mu is that we all know it is WAY undervalued. The bad thing about mu is that we all know it is WAY undervalued.
     
    Jack Levy and Charles Noble like this.
  4. Charles Noble

    Charles Noble Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    204
    Likes Received:
    278
    To all my bullish fighters we are all in together. A look at my chart here RSI is in an oversold condition now. Things will pick up
     
  5. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    If this drops today you will be able to hear the stop losses click as it gains momentum. From what I have seen in the past take AH X 3.
     
    Jack Levy and Charles Noble like this.
  6. LloydWCoutee

    LloydWCoutee Active Member

    Joined:
    May 4, 2016
    Messages:
    721
    Likes Received:
    58
    longs trying to convince themselves that this is a good thing
     
  7. Charles Noble

    Charles Noble Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    204
    Likes Received:
    278
    54 million shares need to cover! They were hoping nvda would miss pulling this down. Momo could pull this up to $47 today.
     
    fidelgeorge and Jack Levy like this.
  8. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    My only regret here is not buying more at 43.00 like Thursday’s price. The momentum is so hot here, it would be insane to not btd.
     
    Charles Noble likes this.
  9. Charles Noble

    Charles Noble Well-Known Member

    Joined:
    Jun 6, 2017
    Messages:
    204
    Likes Received:
    278
    The market has vastly undervalued memory in the building of datacenter. Speed in accessing data is as important as where it's stored.
     
    fidelgeorge and Jack Levy like this.
  10. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    Love this stock and i'm very bullish but is anyone as worried as I am about general systematic risk and how cyclical this stock is.
     
    Charles Noble likes this.
  11. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    Very oversold! Tax bill passing by Senate will spread optimism that a tax bill will be signed by Trump by Christmas! 50 after earnings!
     
    Jack Levy and Charles Noble like this.
  12. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,825
    Likes Received:
    2,638
    $40 support in play
     
  13. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    The truth is this should have never seen that big dip at the start of this month, none the less it will be at $50-55 by EOY
     
    Jack Levy and Charles Noble like this.
  14. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,825
    Likes Received:
    2,638
    Back above $45 today!
     
  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,251
    Likes Received:
    2,625
    Think this will consolidate for a bit. If it can get above $46 then looking for sideways action. If it goes below $41.70, then beware a drop to $36 maybe down to $32.

    Monthly chart with 10 ma:
    [​IMG]
     
    Onepoint272 likes this.
  16. fidelgeorge

    fidelgeorge Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    971
    Likes Received:
    393
    "Should be much higher given the lack of degradation in DRAM and only the smallest of declines in the pricing for flash" -Jim Cramer
     
  17. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,825
    Likes Received:
    2,638
    Now its time to see which stocks can get the best bounces!
     
  18. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,825
    Likes Received:
    2,638
    Taking back the last three sessions is impressive!

    +10% pop!
     
  19. txoutdoorsman

    txoutdoorsman New Member

    Joined:
    Feb 18, 2018
    Messages:
    4
    Likes Received:
    2
    I found about $1000 in an IRA I had forgotten about 20 years ago. Put it all in on MU a few weeks ago at $43 (I have a much larger diversified 401k). With a P/E of 6 and good looking fundamentals I'm long on this stock. I feel this is one of the best undervalued tech stocks I've found in years.
     
    BermudianOption likes this.
  20. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    7,809
    Likes Received:
    2,747
    It's definitely got room to run back up to $50/share to start, as long as the market doesn't tank again. Good luck, man!
     
    BermudianOption likes this.

Share This Page