Cuddles1997-1999

٦ أيلول سبتمبر ٢٠١٨ ١٣:٤٦

MU H+S analyst downgrade to 28 بيع

NASDAQ:MU

Micron Technology, Inc.NASDAQ

الوصف

⋅ ٦ أيلول سبتمبر ٢٠١٨ ١٣:٤٦

around 2/3 retrace the last crazy bull run. target 28-30$

تعليق

⋅ ٧ أيلول سبتمبر ٢٠١٨ ١٣:٢٨

Just hangin out with this little long term trend-line pre market 25.15. Should break down and retest after 50% of way to target.

For example look at support 2700 on the SHCOMP H+S halfway to 2500 target.

تعليق

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٠١

Might close at -9% today if opens at -4.5. Basically looking to cover the short at 40.30-40. Target 50+ after earning.

تعليق

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٠٢

Analysts downgrade to get liquidity for order fills to bet against you. Final large bank downgrade this morning. Their target is 50.

تعليق

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٤٧

تعليق

⋅ ٢٢ تشرين الأول أكتوبر ٢٠١٨ ١٧:٠٣

This is sort of the area for a false relief rally. have a stop.

Trend Analysis Chart Patterns

التعليقات

CryptKeeper54

⋅ ٩ تشرين الأول أكتوبر ٢٠١٨ ١٦:٣٤

good chart.. i entered short at 45 when 47 got rejected twice.. now for the waiting game

Dex4Sure

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٣٢

This stock is getting crazy... Goldman Sachs downgrade just today.

Cuddles1997-1999

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٣٣

@Dex4Sure, I made a comment on that. Analyst downgrade to get liquidity fill for their banks on larger positions. Its a tool to trade against people.

Cuddles1997-1999

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٣٤

There are websites with rankings of analysts that show many are nearly always perfectly wrong.

Cuddles1997-1999

⋅ ١٢ أيلول سبتمبر ٢٠١٨ ١٣:٣٥

Also, they downgraded the stock to a 20+% upside from current price btw.

CryptoeChris

⋅ ٦ أيلول سبتمبر ٢٠١٨ ١٧:٥٧

There is no way this stock is losing half of its value. This is as low as it gets for MU, tariffs officially priced in now.

alpertasci

⋅ ٦ أيلول سبتمبر ٢٠١٨ ١٨:٠٥

@CryptoeChris, PE is around 4.5 it seems not possible for losing half of its price?

Cuddles1997-1999

⋅ ٦ أيلول سبتمبر ٢٠١٨ ١٨:١٣

@CryptoeChris, I too like to argue with random people on the internet.

CryptoeChris

⋅ ٧ أيلول سبتمبر ٢٠١٨ ٠٥:٣٠

@Kirn, But there is no arguing here? Im confused..

Cuddles1997-1999

⋅ ٧ أيلول سبتمبر ٢٠١٨ ١٣:٣٢

@CryptoeChris, Sure so you're making some claims saying that some uncalculable things are "priced in." Some other guy mentioned that the P/E is low so it can't go lower. 28 was what this stock was trading at just a year ago, it was trading at 7 dollars two years ago. Their earnings are likely to go down due to their being banned in China so P/E may stay the same.

This is a company with tiny margins and collusion with other vendors to keep prices high, but you probably didn't know that because while you pretended to do some due diligence you really didn't, maybe just read a reddit post or two. After all that its only a technical idea so tarrifs etc are irrelevant.

Oh, don't forget they didn't manage to do the share buyback like they said- sad. Is that """"priced in""""?

المزيد