Micron Technology (MU)
Readers will see MU $Micron Technology (MU.US)$ gapping up on Thursday, and trying to break out past a $111 pivot created by a very clear double bottom reversal pattern. Relative Strength has spiked, as the daily MACD has moved towards a more bullish posture, but still needs to get all three components above the zero line.
Disclosure: I am short a small amount of MU from overnight trade. That is not how I view the stock at the moment.
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NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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Sor Shi Dll : I believe every Gap up should have a retracement back down before it go somewhere else! Around 107$ at least!