StockFetcher Forums · Stock Picks and Trading · MU<< 1 2 3 >>Post Follow-up
graftonian
1,089 posts
msg #148616
Ignore graftonian
7/21/2019 12:49:10 PM

I agree with the speaker on that video, I do not believe that the brief action on gold is sustainable.
Graf

nibor100
1,046 posts
msg #148617
Ignore nibor100
7/21/2019 1:51:29 PM

Regarding MU, I'm only about a third of the way thru the Weinstein book, but it seems to me that he would not pick MU for a trade as there is a lot of past overhead resistance that this stock would have to fight thru, and there are probably better stock buying opportunities out there for larger possible gains.

He seems to believe the opportunity cost of trading requires focus on the very few very best chart setups...

At least that's my gist so far, am I offbase?

Thanks,
Ed S.

Mactheriverrat
3,157 posts
msg #148622
Ignore Mactheriverrat
7/21/2019 7:20:49 PM

@Ed
MU is just a nice setup - Very near resistance breakout.
IMHO!

davesaint86
725 posts
msg #148627
Ignore davesaint86
7/21/2019 11:30:07 PM

Agree Mac!

davesaint86
725 posts
msg #148628
Ignore davesaint86
7/21/2019 11:39:35 PM

MU on my hourly chart. Still a buy. On the weekly about ready to break above resistance.

https://www.tradingview.com/x/VEUWiuJJ/

Mactheriverrat
3,157 posts
msg #148632
Ignore Mactheriverrat
7/22/2019 7:28:23 AM

@dave
I'll be watching

graftonian
1,089 posts
msg #148635
Ignore graftonian
modified
7/22/2019 10:05:50 AM

1/2 hour into Monday, still hasn't gained any legs.
Update: BTO MU Aug 47C $172.

davesaint86
725 posts
msg #148637
Ignore davesaint86
modified
7/22/2019 10:45:53 AM

There is a gap at $48.45 from 9/16/18 which should act as the next resistance point if the breakout above Friday's resistance stands.

Mactheriverrat
3,157 posts
msg #148643
Ignore Mactheriverrat
7/22/2019 2:06:39 PM

WOW!
Image and video hosting by TinyPic

Mactheriverrat
3,157 posts
msg #148670
Ignore Mactheriverrat
7/24/2019 9:56:03 AM

According to the screener at nextbigtrade.com MU has crossed over to stage 2.

Stage Analysis Screener




StockFetcher Forums · Stock Picks and Trading · MU<< 1 2 3 >>Post Follow-up

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