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Technology Stocks : Micron Only Forum
MU 246.95+4.1%3:59 PM EST

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To: John W. Herron who wrote (20053)9/21/1997 5:26:00 PM
From: chuck weir   of 53903
 
John, suprises on the upside may well be in order for MU this week. If one looks at the volume accumulation patterns on the stock (on a comparative basis), you could conclude 'smart money' is not selling. The on-balance volume chart does not suggest a panic exit; the stochastics are RSI indicators are below their traditional ranges. Could mondays action signal a temporary bottom? Mondays call volume might be worth watching. Should be 'fun' trading on monday and tuesday.
Chuck
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