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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (88598)	7/1/2022 1:14:24 AM
From: Elroy	Respond to of 95531

The last time this happened it took about 18 to 24 months to clear the glut and stocks prices of the chip companies fell another 50 percent from the current levels. What months did this happen? A lot of caution may be advised... MU is already down from $98 in Jan 2022 to $54 today, how much more "caution" is there to worry about? In Jan 2022 the words of warning would have been excellent guidance. Today, the share prices are already quite far down, what's the "new" message? What we care about today is where will the share price be in March 2023? I'd wager it will be up from here, but who knows?

To: Johnny Canuck who wrote (88598)	7/1/2022 10:38:00 AM
From: Return to Sender	2 Recommendations Recommended By Sam Sr K Respond to of 95531

MU is oversold on every chart but the long term monthly. Remaining highly profitable despite everything going against it and the stock market in general is actually awesome in my personal opinion. I could see it trading down to mid to upper 40's before recovering in the future. Greed never dies it just runs and hides in bear markets. The charts MU below are best viewed using Firefox as your browser. They will update: If the monthly chart reaches an RSI of 30 or below MU will be a screaming buy in my humble opinion.