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Technology Stocks : Micron Only Forum
MU 410.24+5.4%Jan 27 3:59 PM EST

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To: TREND1 who wrote (32297)4/21/1998 1:21:00 PM
From: Patrick Koehler  Read Replies (1) of 53903
 
Larry & David - I've been out of town and out of touch. Getting back to MU, I see the following:
1. MU remains in down channel, and projected out to May expiration, the range is about 23-28.
2. I see support at 28, then 25.
At some point, stocks change trend direction, but I hope it doesn't happen in the next 4 weeks. Bought another 20 MUQZ this morning at 3 3/8 and 3 1/2. Now up to 70 total. I will probably hold these, while I trade both directions.
What is your computers and TA saying for the next 4 weeks?
Patrick
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