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 336.62

+1.0%

Jan 15 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (32917)	5/5/1998 11:09:00 PM
From: The Vinman	Read Replies (1) of 53903

Larry, how is the channel looking? The fast moving 10 DMA has crossed over the slower 21 DMA signaling a reversal in trend, and both are about to cross the 50 DMA . The last time this occurred in December MU made a move form 26 to 37 1/2, if MU can close above resistance over 32 1/2 it could break to the upside. MU tested 32 1/2 twice in April but was below the 50 DMA at the time, which it has since moved above, the 10 DMA was below the 21DMA also, so this could be the time it makes the break to higher levels, I am short at 32 1/2 but will cover on weakness in the morning and go long, futures down tonight, Japan down 3%....any thoughts? Vinman

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next