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Technology Stocks : Micron Only Forum

MU 241.15

-4.7%

Nov 11 3:59 PM EST

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To: Skeeter Bug who wrote (42098)	1/9/1999 9:57:00 AM
From: dppl	Read Replies (1) of 53903

A short term chart look at MU. We put in a potential evening star reversal Friday. This doesn't mean much unless support at 62 1/4 is broken. If it is broken I would add to shorts on the little pop we will get there. Otherwise, as per chart, support should kick in around 60 and MU might be good for a a flip on the long side. MU is way out of BB and bull channel. It can fall to 54/55 and remain in the bull channel, which is fairly likely in next 10 days. A lot will be news/rumour driven, however. There is a lot of big block dumping but also a fair amount of 10K block buying. Does anyone have money flow figures for Thursday and Friday (uptick/downtick)? DPPL

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