$MU Levels. * Weak off that rejection of the 200EMA. * Longer term Short * Target 1 : 11.70 * Target 2 : 10 Even Bearish MA DEATH CROSS
SNDK announces earnings on 10/21 after market close, and with an IVR of 91 (52 Week ToS), it may be too good to pass up as a premium selling play, assuming that the options are liquid enough. I am looking at the bid/ask spreads right now in off market hours, and they do not appear to be promising, with the spread between the bid and the ask for the strikes I'd...
Micron is expanding into many new markets for DRAM and the acceleration phase of further adoption of their technology is beginning to show in certain end markets. Automotive, Mobile and Data Center is showing increasing demand for DRAM even as PC market is declining. What this means is that DRAM is transforming to now be used in ALL PRODUCTS and CHIPS that are...
See my previous post on MU to get all the information links I posted.
Micron is one of the most undervalued companies in the entire Nasdaq 100 and SP 500. It trades a 6.87 P/E and has increased Operating Profits and Free Cash Flow QoQ. Currently has $4.86 billion USD in cash and has equity on book of $13.36 billion USD. Micron currently has a $21 buyout offer from Tsinghua Unigroup LTD (INTEL OWNS 20% of TSINGHUA) China’s $23B...
If SNDK opens below 63.00 consider using the Retest Gap strategy
Could take all of 3 months. If you're trading options, could do Aug and sell into earnings Volatility in July. SNDK is my 'nemesis stock' so I'm probably TOTALLY wrong on this trade...
If SNDK gaps below 68.90 consider using the Perfect Gap N Go strategy. To learn to trade for free go to www.RealLifeTrading.com
Bullish Engulfing,stochastic channel up,ascending triangle,Primary Trend Sideways, Intermediate bearish, Minor Bullish Low volatility suitable for CS
SNDK expected to open at 75.10 for a Gap N Go. Last candle bearish on 15min chart. To learn to trade this strategy for free, go to www.RealLifeTrading.com
SNDK expected to open at 88.40 Last candle is bearish on the hourly chart. To learn to trade this strategy for free, go to www.RealLifeTrading.com