Sun, Jan 25, 2015, 8:29 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Micron Technology, Inc. Message Board

  • kranepool21 kranepool21 Oct 25, 2013 11:12 AM Flag

    question to high low sel

    do you still have your long term tranche in MU? also CNBC put a sell at $16.50(some analyst) 2 days ago..opinions there? thanks

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Krane: Yup, still have the long term tranch from late 2008, early 2009. Its cost basis is stupid cheap. That said my ~out area for it is the $15.50 line. Why there? That's about where the uptrend line from ~$9.10 (5/2/2013 date) that I've had set up and been tracking against for the longer term stuff. The bid has remained consistently above that line since I put it in place on my charts. Should the bid be dived to that level and then break it on volume then I'm out. Until then it's a trading game for me with such monies as I use for such with MU.

      Meanwhile I see the sell side action is still dominating. Head fakes were run to pull in buying into which the bid was head-butted back down. Now at $16.69 and still looking punky. Looks like the action is trying to take the bid to the $17.41 downtrend line which right now sits at the ~$16.60 area. With the bid now at $16.68 I'm waving a lowball offer down just below that line...MU always overshoots when it's on a tear, both up and down.

      Bid now $16.66.

      Highlow
      American Net'Zen

 
MU
30.95+0.06(+0.19%)Jan 23 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.