Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 252.40

+2.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DavidG who wrote (37903)	8/28/1998 4:36:00 PM
From: steve kelly	of 53903

David What are you basing this on ?? The TA has been bearish since the double top on 8/17, in addition to the double top the uptrend line was broken on 8/21 and the re-test failed on 8/24. Support has held for now at the 25 level, but if this support fails then next support is 22 and then 20. On the fundamental side, things look even worse, I expect a loss of .75 to $1.00 per share for the qtr.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next