MU looks strong: after last Thursday’s breakdown it is one of the only names not below its Thursday low and is holding up better than the market; the speaker likes the Micron trade and calls it solid.
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Okay, let's take a look at Micron. Definitely a stock that comes up a lot.
MU is Micron's a good one, right? So, where was Micron? Where? Today is Tuesday the 20th, Monday, Friday. Okay, we want to go back to Thursday last week. Thursday last week was the breakdown.
Right. Right. I'll write them down. Oh, actually I already started writing them down. Nobody else volunteered. It's okay. It's okay. I got it. So, micron and then Thursday was 10.
It was 10 um Tuesday, Monday, Friday, 10:14. So the low on Micron that day was 858 and the rally point was 931. So we got as high as 927 yesterday, 92681, but we did not get back to the high of Thursday, the rally high.
And now we're in 22 points of testing that rally low of 858 which we we certainly want to be aware of. Um, okay. We know these numbers. Um, but this is another one we're watching and you could watch anything like this, but these are ones that have definitely been beaten up. So, micron and then Thursday was 10.
Most active spies, Q's, Cororeweave, DJT, Micron, Tesla, SpaceX, the usual suspects. We got to look at SpaceX again. Nvidia,
you know, that day that on Thursday last week, we we ptook. We bought micron options for eight bucks. They ended up be being worth 47. I didn't hold them the whole way, but [snorts] that was a big move.
Micron uh came up a little bit. Yeah, see Micron up a little bit.
Rick said Amazon Tesla Micron beginning to curl. Micron retest 900 maybe a trade there.
micron 890. Okay,
Micron we are not below. Micron is holding a little bit strong. That's staying above it.
I didn't sell calls on MU. I think MU looks strong. MU is one of the only things that's not below its Thursday low.
MU does look strong versus the market.
The Mitchell's MU. You called it out. You deserve that. That was a good call. That was strong versus the market. I like that trade. I like that micron trade for you. Solid.
What this channel has said about $MU
Benzinga has 4 calls on this stock; only the adjacent ones are shown.