Micron's technicals are strong (7/9 indicators), representing the best possible rating and a good entry point.
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We have talked about " Nvidia". What about " Micron"? Look at " micron", isn't that right? That upward momentum signal occurred on September 21, and it has been steadily rising higher and higher.
Look how the fear and greed index rises. The sector, it's in the same sector. Look at this. This actually looks very good and distinctive. I got seven out of nine, which is about the best you can get from anyone in this market right now regarding Micron. So, this is a great starting point.
Of course, we don't know whether Micron will continue to rise or not, but the best forecast we can get, and our best investment or trading thesis , suggests that seven out of nine is the best valuation for today. This is the best possible rating.
What this channel has said about $MU
Christopher Uhl - OVTLYR has 5 calls on this stock; only the adjacent ones are shown.