MU looking good, looking to accumulate on further dips.

29 May 2018

MU has been a long time favorite, but semis got hit recently on demand concerns. Last analyst meeting MU said the servers using artificial intelligence use six times more DRAM and twice the amount of SSD. Since then, the stock has rallied and is approaching ATH levels. A "failed" breakout here and dip to the gap zone sets the stage for a cup and handle breakout. Keep an eye on this one.