Micron Only Forum Message Board

STOCKTALK

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 : Micron Only Forum

MU 414.88

-4.8%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (32456)	4/23/1998 9:20:00 PM
From: TREND1	Read Replies (2) of 53903

Major Trends studies of MU back to July 1994 The following are my TA reasons why this week's move to 32 1/2 is so very important: (1) Draw weekly semi-log chart of MU back to July 1994 (2) Major trends stick out. (3) Major tops like 95, 60 1/8 and 39 are visible. (4) So are bottoms like 17 and 22 (5) The important part...these weekly trends, once they change last for months and sometimes years. (6) An example would be the up trend to 95 , that once broken kept on going down until 17 was reached. (7) Well to make a long story short....this week MU broke the weekly down trend going through points ...60 1/8 and 39 (8) It is not a major break yet, but such an upward break would last a long time.... (9) A move above 35 7/8 would be a new monthly higher high and signal this new major up trend. (10) Will it happen ? Right now I am probably the only posting bull on this Micron BB. But let's see if things change(g) Larry Dudash

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next