Basic Details |
Stock: |
Micron Technology |
Symbol: |
MU |
Current Price: |
$10.05 |
Current Trend: |
bottom reversal signal |
Recommended Action: |
buy at 9-10.50 range |
Price Target: |
$$ 12-14 range |
Other Details: |
5-18-16 Hot Stock update: Buy target met at the 9.35 range. Play bottom reversal to the 12-15 range.
4-29-16 Hot Stock update: Target range met at 12.40. Utilize short term pull back to buy at the 8-low 10 range.
3-30-16 Hot Stock update: Resistance met at 12.29 range. Short term risk to the 9 range is indicated. Buy on hard dip. Strong buy range is the 8-9 range.
3-4-16 Hot Stock initiated(11.88): A long term bottom reversal is generating a positive breakout condition with upside to the 13-16 range.
4-2-13 A FTS peak formation is in place. With risk to the 6.75-low 8 range. Upside target met above 10 on gap up formation.
3-6-13 Upside target met above 8.85. Mild exhaustion is indicated. buy on pull back to the 6.5-7.5 range.
2-10-13 Upside target met above 8. Buy at 6.25-7.05 on pull back. Mild exhaustion is indicated.
1-15-13 Buy and sell targets met(6.10-7.65)25% profit. All behavior and slope indicators are confirming positive. Buy on short term pull back with continued upside to the 8-10 range.
12-20-12 Upside target met(5.70-6.90)21% profit. Utilize short term pull back to buy at the high5 to mid six range.
11-26-12 Upside target met(5.75-6.05)5% profit. Slope formation is shifting positive. Accumulate at 4-5.70... New long opened at 5.70.
10-31-12 A final lean formation and FTS condition are completing. Accumulate in low 5- high 4 range.
10-7-12 Downside buy target met below 6. A negative convergence will maintain downside pressure. Sell on surge to the 6.30-6.6.80 range and make new decision.
9-20-12 Upside target met(6.23-6.80)9% profit. A long term bottom formation is confirming. Buy at 5.70-6.40 range and play bounce to the 6.75-7 range.
8-27-12 Upside target met(5.60-6.95)24% profit. Accumulate on pullback below 6.25. New long opened at 6.23 today. Strong buy at 5.50 range.
8-1-12 Downside buy target met below 5.60. a FTF formation and positive slope shift have generated upside to the 6.50-7.25 range.
7-9-12 Upside target exceeded on gap up formation (5.75-6.90)20% profit. Buy on short term pull back.
6-13-12 Prepare to lock in profit. Downside pressure remains in place.
5-24-12 A long term bottoming cycle is completing. Buy at 4.50-5.75 range during final lean. Long opened at 5.74 today. Upside target met last forecast(5.45-8)47% profit.
12-26-11 downside buy target met below 5.50 and a FTF formation was generated.
12-18-11 The slope formation is shifting positive. Buy at the 5-5.75 range with renewed upside to the 7.75 range.
11-27-11 Upside target met(10.06-7)30% loss on original and (7.50-7)7% loss on average cost. Utilize final pull back to buy at the 4-5.25 range.
11-15-11 Downside buy target met at the 5.06 range. The positive slope shift is gaining traction allowing for upside move to the 6-8 range.
10-23-11 Resistance remains along the 50 day access. Slope formation shift to positive is developing. Buy at 4-5.25 on final pull back. Trading range is between 4 and 7 range.
10-16-11 The slope formation is shifting positive allowing strong surge to the 7-8 range.
10-9-11 Final downside lean generated a strong buy at 4...Play bounce to the 6-7 range and make new decision.
10-3-11 Utilize extreme oversold condition to accumulate at the 3.5-4.30 range. This is a strong buy on final downside lean.
9-28-11 A FTS formation is indicated with increased downside pressure to the 5-5.75 range. Downside buy target met in the low 6 range.
9-19-11 The slope formation is shifting positive and a positive convergence is forming. Buy at 5.30-6.65 range with continued upside to the 8-9 range. Upside pressure is building.
9-8-11 Downside buy target met at 5.28 and slope formation is confirming a positive slope shift. Average cost is below 8. Buy at 5-6.1 range with continued upside to the 7-8 range.
8-29-11 The bottom formation is completing and a buy signal is generate at the 5.25-6.25 range with renewed upside to the 7- high 8 range. Long term behavior is shifting positive.
8--16-11 A bottoming forming is developing. Accumulate at the 5.5-6.50 range with upside to the 7-8 range.
8-11-11 downside buy target met at 5.65. A bottom reversal has formed with renewed upside to the 7-8 range.
8-7-11 downside buy target met at the low 6 range(6.09). This is the final lean cycle. Buy at the 5 range given the opportunity.
7-31-11 A FTS was generated above 8, utilize final pull back to accumulate at the 6-7.50 range.
7-21-11 The bottom formation is confirming establishing a bottom reversal with renewed upside to the 8-9 range.
7-17-11 The bottoming cycle is completing. Accumulate below 7.50 with upside to the 8-9 range. Average cost is set at (7.20+9.45+10.06)/3=8.90
6-29-11 Downside buy target met(7.20). The stock is positioned for a bounce to the 8.25-10.25...
6-13-11 A FTS is in place along the 17 day axis at 10.25. Buy at 7-8.25 on final downside lean and play bounce to the 9-10 range.
5-29-11 Downside buy target met at the 9.45 range. Average cost is (9.45+10.06)/2=9.76...A Bottom reversal is in place and a long term FTF formation is being generated.
5-18-11 Upside target met(10.30-11.83)15% profit. Buy at 9-10.10 on pull back with upside to the 10.50-11.75 range. Long opened at 10.06 today.
4-25-11 Resistance remains in place at the 11.75 range. Buy at 9-10.50. Long term upside pressure is building. The stock must close above 11.75 for 3-5 days to generate a breakout.
3-31-11 Downside buy target met at 9.55. Upside target is met(10.30-11.85)15% profit. Buy at the 10 range on pull back. risk is to the 9.25-10 range.
3-8-11 Downside buy target met. Buy at 9-10.25 range. long term behavior is accelerating positive.
2-13-11 the FTF was generated at the 9.25 range and has met upside target above 11. Buy at 9.25-10.25 range with continued upside to the 12.5-14 range.
1-17-11 A long term positive convergence is forming. An upside breakout is in place. Buy on pull back to the 8.25 to 8.75 range. A FTF should confirm at the 8.75 range this cycle.
11-5-10 Upside target met(6.50-8.75)35% profit.
8-1-10 Pro17 confirms a FTS formation and hard pull back. Buy at 6-7 range on this pull back and sell on bounce to the 8-9 range. Slope and behavior are negative. This is a final lean scenario.
7-10-10 Pro17 indicates a long term negative convergence, however, the long term variable remains positive. Buy on hard pull back to the 6.5-7.75 range and two buy points. Play bounce back to the 9-10 range.
6-14-10 PRo17 indicates early signs of a FTF forming. Be patient on buy side. The conflict is at the 9 range. The stock must close above 9 for 3-5 days to generate a new buy signal. Slope formation is shifting slightly positive. Long term upside is to the 10.50-12 range.
5-19-10 Pro17 indicates downside buy target met at 8.75. Close the position(8.75-8.96)2.4% profit. Risk is increasing to the 6.5-8 range. Wait for a FTF to confirm before buying. There is support at 8.75 but signs of failure are developing.
4-27-10 Pro17 indicates upside target missed at 11.50 and a FTS was generated. Buy at 8.75-9.75 on pull back. Protect principal now and make new decision(10.60-10.34)2% loss.
4-5-10 PRo17 indicates upside target met(9.7-11)13% profit. A FTF is signaled. Long opened at 10.60 today. The stock is positioned to breakout to the 12-14 range over the next 1-3 cycles.
3-10-10 Pro17 indicates a positive breakout condition. A behavioral convergence is forming. Buy less than 10.
2-15-10 Pro17 indicates downside buy target met followed by a FTS formation and negative convergence. Utilize short term weakness to add to position at the 7-8 range. Long term behavior is strong positive.
1-19-10 Pro17 indicates upside target met(7.77-11.25)45% profit. Early signs of a FTF formation are developing at the 10 range. There is risk to the 9 range. Buy at the 9-10 range.
12-27-09 Pro17 indicates upside target met on breakout formation. There is continued upside to the 11-14 range over the next 2 cycles. buy at the 9 range given the chance.
12-1-09 Pro17 indicates a FTF formation and an upside breakout condition. Buy less than 7.8 with upside to the 9-11 range.
11-6-09 Pro17 indicates a negative convergence with continued downside pressure. Buy at the 5-6 range on hard pull back. Early signs of a FTF formation are developing but not confirmed. There is short term upside to the 7.8-8.2 range. Last forecast(7.14-8.80)23% profit.
10-14-09 Pro17 indicates upside target met above 9. There is continued momentum. prepare to lock in profits into final surge in the 9-10 range.
9-22-09 Pro17 indicates continued upside pressure on stock. All slopes are positive and stock is strong positive.
8-28-09 Pro17 indicates a FTF formation and a positive breakout. Buy less than 7.60.
8-27-09 Pro17 indicates mild exhaustion increasing short term downside risk to the 6 range. Long term slopes are positive.
8-21-09 Pro17 indicates a Strong FTF formation with renewed upside to the 9-10 range.
8-11-09 Pro17 indicates a peaking formation but no sell signals are generated. Buy on pull back to the 5-5.75 range.
7-29-09 Pro17 indicates a long term FTF at the 4.50 range. Stock has peaked during this cycle. Buy on pull back to the 4.75-5.25 range. Long term slopes have shifted positive.
7-7-09 Pro17 indicates continued downside pressure to the 4 range. Buy at the 4 range. Slopes have shifted slightly negative.
6-16-09 Pro17 indicates short term downside pressure. Long term slopes have shifted positive with very strong support at the 4 range. Buy at the 4.50 range on short term dip. |
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