SI
SI
discoversearch

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 : Semi Equipment Analysis
SOXX 285.23-3.7%Dec 17 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Return to Sender
To: Donald Wennerstrom who wrote (78486)1/10/2018 12:03:29 PM
From: The Ox1 Recommendation  Read Replies (2) of 95598
 
Not to quibble but I think the support case for MU is in the lower 30s, not the mid-30s, even though there was substantial buying the last time the stock fell below $35. That buying was in the up trend and if support is to be found in a declining chart, considering a lower level is probably wiser, IMO. I don't have the time but if someone could put up a volume by price chart for this same time frame, it would likely help with expected support levels...

....as seen on this chart:

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext