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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST
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To: Donald Wennerstrom who wrote (66741)12/3/2014 3:46:21 PM
From: Donald Wennerstrom1 Recommendation

Recommended By
oldbeachlvr

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MU has finally broken out to a new high level after a long, almost 6, months period in a constrained channel right below the 35 level. Within the last few days, the 35 level has been breached as well as the 36 level today.

Rather interesting timing. MU's 1FY15 quarter ended this past Sunday, 30 Nov, and now we wait for the quarter's report supposedly due the during the last week of December. During MU's recent recovery to higher ground, the volume has been decreasing. In other words, price going up without increased volume confirmation.

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