perhaps MU is seen as an acquisition target as well.
either way, it's positive for MU; if it gets acquired, the stock shoots up right away.
& if it acquires, then longer term, it will be the dominant player in a necessary space. we all need memory to run all those gadgets we all love. & being that MU has the next gen of memory, makes it the 800 lb gorilla!
Wow!, you just keep repeating the same song, even though people have responded to you.
short term overbought
should see a pullback
i have no idea if you're right or not, as i am not as advanced as you might be, but "the chart to the right of this mb" is a daily chart.
also, your analysis is really not helpful, as it just comes off like you are providing argument for both the up, & down side. a daily chart analysis is probably most helpful, at least to me.
for me, the general trend of this stock is up, & barring a collapse in the overall markets, i'm bullish on MU.
I'd like to encourage you guys to leave feedback to the Beta Yahoo Finance site. I think it slow, & full of fluff. I like the old site, i know where everything is, and though it wasn't pretty, it was chock full of info.
read the article, my take away from it was, that, this new chip is the next wave, otherwise HP, & SNDK wouldn't be getting into the fray. & once order start trickling in for the 3D X, MU will get another lift up.
tad confused, i don't see a head & shoulders, & isnt the head suppose to be higher then the shoulder. that does not look like a head & shoulders pattern.
stocks don't go straight up (or vice versa). it's a dance, & you should know that.
an intraday cross of 18 on point & figures chart is a positive.