I hope you are enjoying this; I find it hilarious. For years you have made real time calls up and down that usually pay off. There are those that claim it is impossible to use TA to make money and yet you prove them wrong almost every day. I guess you violated the prime rule on Yahoo that most commentary must be useless.
So let's get back to the truely important discussion: Less Filling or Tastes Great!
high- the big money to be made in MU is not thru daytrading. IF, and we should know in the next 2 weeks, MU will make over $3 EPS in 2014 then it would be silly to out of this stock on a trade to make a quarter. IF [again] this stock performs like some think it will then the teens will be a distant memory in short order.
Marnis: I agree the BIG money is made on the hold of a longer term position. And I've a big basket of very low basis MU for just that reason. But, more than wee money can be made trading around that basket. Indeed I see the bid has been jammed yet again, this time to the ~$16.95 area...stops look like they're now being run in classic MU "break a support and crush it further" fashion.
Bid now 416.90 and I'm buyingmy first trading tranche here. I'll add in step-function fashion should it continue further south...