TraderDanER

Bonus Earnings: Sep 26: Micron - The Balloon is Getting Full

Short
TraderDanER Updated   
NASDAQ:MU   Micron Technology
Company is up over 56% YTD on solid demand.
Stiff competition, however, will be a drag on guidance -

I expect a lackluster guidance revision and a slight correction in share price.
$30 PT through November 2017.
Trade closed: stop reached:
Closed post-earnings.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.