MU 94 BOUNCE
or 92.7-93 BOUNCE
Strategy:
Post earnings report rally
Buy into weakness at the bounce levels
News Catalyst: "Micron Technology (MU) shares were up nearly 5% to trade at $94.84 on Thursday, as more than 25 million shares changed hands shortly before 2:30 p.m. EST. Over the past five trading sessions, Micron has risen more than 16%, compared to a 1.7% gain for the S&P 500." - seekingalpha.com/new...ortened-trading-week
or 92.7-93 BOUNCE
Strategy:
Post earnings report rally
Buy into weakness at the bounce levels
News Catalyst: "Micron Technology (MU) shares were up nearly 5% to trade at $94.84 on Thursday, as more than 25 million shares changed hands shortly before 2:30 p.m. EST. Over the past five trading sessions, Micron has risen more than 16%, compared to a 1.7% gain for the S&P 500." - seekingalpha.com/new...ortened-trading-week