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Technology Stocks : Micron Only Forum

MU 397.59

+2.2%

Jan 22 3:59 PM EST

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To: Chas who wrote (37382)	8/13/1998 12:44:00 AM
From: TREND1	Read Replies (1) of 53903

Chas (1) Thanks for the FA report on MU. (2) DHH-DLL TA look at MU (3) Today's action resulted in a DHH2 which closes yesterday's DLL5 (4) So MU is currently in neutral. (5) For tomorrow MU would have to trade above 36 1/2 for a DHH5 buy signal. (6) For tomorrow MU would have to trade below 30 1/4 for a DLL5 sell signal. (7) Note: This 36 1/2 high is just as important as the Feb 1998 high. (8) Back in Feb 1998 MU took 6 days to test the high. (9) Today was day 3 since the 36 1/2 high. (10) Hal says the probabilities are high that MU will fail in test of the 36 1/2 high. (11) So what do we do ??? (12) MU trades above 36 1/2 and MU is off and running. (13) MU trades below 30 1/4 and MU is on it's way down to who knows what ? Maybe 20-21 area. Larry Dudash

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