--Larry
As long as you're sending out information, here's some. For the first time in two weeks, MU's had significantly high volume, that is, volume 1.4 standard deviations above the average volume for the past month, as well as significant price movement, a bit more than one standard deviation above the average price change for the past month. Whether this is a buying stampede or blowoff, who knows, but this is the fifth time in the past six months that MU has made the trip across the $60-$80 range. Also, from a short-term probability point of view, there is only a 15% probability of further upside, which doesn't mean much if the gurus on Wall Street are in their pump mode.
Best
--Steve |
