$MU

No longer long MU: SanDisk losing its 50-day on Friday took him out, and MU was rolling over, with a move above 118 the out before this. It is heading down to its 100-day near 914, already below yesterday's low of 978; little happening until then.

BearishHe framed it in weeks
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Oct 13 · 4 passages

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You saw this, you saw SanDisk break the 50-day on Friday that got us out of MU and SNX.

Well, Red Dog, how'd you get everyone out of the way with um with the semis?" I'm like, "Well, if you look at SanDisk, which to me was one of the keys right here. I I was long a little SanDisk on that reversal and I got stopped out right there.

This should not happen. If a stock's going to be special, that should not happen. You should not have a a bar where you're trying to take back the moving averages and gets negated right there.

So, right there, that said, I'm done with SNX. I'm done with MU.

So if you look at MU um MU uh pretty much was rolling. You know, this was a pretty big trap day. If you got involved here saying, "Hey, look at that. It might get above 118." That was that was pretty much your out before this.

And now it's heading down to, you know, the 100 day, which is right there around 914. Um so yesterday's low is 978. MU is already below it. Um, really not much going on until the 100 day.

Visa and MU are breaking out.

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