How Brian Shannon’s view on $MU changed

And now next week, of course, we have Micron's earnings results, and that will be very important for the stock. Last quarter, if you recall, they announced fantastic figures; they far exceeded expectations.

Yet the stock did nothing but decline for the next month and a half . Then it moved sideways for a month, and now buyers are in control.

Micron was the name that we had a really good earnings season with , right ? I mean, ES is doing very well. I think they added 225 or so in earnings per share this year , which was much better than the S&P 500 expectations. And now it's time for the micron.

So, I was actually looking at this, and there was another trader on our show who was really...I was trying to show this before the last 2 weeks , but the little consolidations that we saw here in late August and September, it does n't look very good to me.

However, with the breakout that Micron is seeing ahead of its earnings release in 8 days, what is your opinion on Micron at this stage?