MU micron Short at 41.35 targeting 30 again

Simply its overbought ... suggestion is to take short positions if reached 41.35 on Monday or Tuesday then the target will be region of 30s by mid of march or later. at long term MU $micron is good stock to carry on with long target between 47 and 50 but after make new support or new leg higher than the previous lows in December 2018 .. for now we will carry short positions till indicators showing good levels for new entry and we can see now most of indicators reached overbought status and can be dropped hardly during this week or week after..

Yorum:

what a perfect shot... Short on the top of thi wave at 41.6 .. now will open at 37.8 more than 10% drop in hours..