Tuesday, October 24, 2017 4:53:28 PM
$42 holding as resistance, but it was tagged a few times today.
MU isn't ready to justify a fifth tine. I have one drawn (only because it was convenient to stack two forks) but I think MU is more likely to drop below the fourth tine (from the bottom) and stay there for the foreseeable future (as I'm not opposed to MU bouncing around between the third and fourth tines).
I also think it is possible (perhaps likely) that MU tests SMA(20) again but stays above (and hopefully doesn't repeat what it did during July and up to mid-August). Unless MU starts rising more rapidly, which I think it won't do, then SMA(20) should flatten as time goes forward. So, unless MU makes a sharp dip, that moving average won't be tagged for several more days. And at that time, MU can start closing above $42 and not trade above the fourth tine.
Recent MU News
- U.S. Stocks Move Higher On Micron News, Upbeat Economic Data • IH Market News • 09/26/2024 08:33:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/26/2024 04:21:29 PM
- Micron May Help Lead Early Rally On Wall Street • IH Market News • 09/26/2024 01:06:16 PM
- Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2024 • GlobeNewswire Inc. • 09/25/2024 08:07:05 PM
- U.S. Stocks Close Slightly Higher; Dow, S&P Post New Highs • IH Market News • 09/23/2024 08:44:00 PM
- Micron Expands SSD Portfolio With New Crucial P310 2280 Gen4 SSD, Bringing High-Octane Performance To Gamers and Creators • GlobeNewswire Inc. • 09/17/2024 01:00:00 PM
- Investors Anticipate Retail Sales Data and Fed Decision; Oil Prices Dip as Investors Weigh U.S. Production • IH Market News • 09/17/2024 10:42:43 AM
- Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon • IH Market News • 09/17/2024 10:40:35 AM
- OpenAI Unveils Strawberry AI Model Series; Boeing Stock Falls 4% Amid Strike; HR Surges 20% on Growth Forecast • IH Market News • 09/13/2024 10:12:55 AM
- Micron to Report Fiscal Fourth Quarter and Full-Year 2024 Financial Results on September 25, 2024 • GlobeNewswire Inc. • 08/28/2024 08:01:00 PM
- Google Forced to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova • IH Market News • 08/15/2024 10:05:46 AM
- Google Mandated to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova • IH Market News • 08/15/2024 10:05:46 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 10:31:17 PM
- Intel Sued by Shareholders; JPMorgan Raises Chance of Recession; Roblox Blocked in Turkey; Micron Resumes Share Buyback • IH Market News • 08/08/2024 09:48:43 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 12:45:51 PM
- Micron Develops Industry’s First PCIe Gen6 Data Center SSD for Ecosystem Enablement • GlobeNewswire Inc. • 08/05/2024 01:03:00 PM
- Micron Technology Announces Upcoming Investor Events • GlobeNewswire Inc. • 08/01/2024 08:01:00 PM
- Micron Announces Volume Production of Ninth-Generation NAND Flash Technology • GlobeNewswire Inc. • 07/30/2024 01:03:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 10:29:44 PM
- Micron Introduces the World’s Fastest Data Center SSD • GlobeNewswire Inc. • 07/23/2024 01:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 08:05:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 11:06:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 11:05:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 11:04:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 11:04:13 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM