Sometimes it's good to try different stocks.
$Micron Technology (MU.US)$ So today, even in my portfolio, Micron was not doing so well.
After falling post-earnings and not showing much upward movement, there may be people feeling uncomfortable seeing other stocks rise.
And I also have a whopping 1.2% unrealized loss 💦, but I'm not too worried!
Well, looking at the candlestick chart, it is properly supported at the Fibonacci 50 percent line, so I think we are currently in the stage of solidifying the bottom.
RSI has also crossed over, but I think this might be a fakeout.
It looks like a second bottom was formed at today's low, so I am not sure if it will form a third bottom, but I think it will start to rise if tonight's CPI passes smoothly.
Even if it falls below, it will likely stop around 98.5... that's the general idea.
In terms of upward movement, well... if we consider the period until the 11/1 employment statistics release as an upward cycle, it might reach around 123-129 (wide), I think.
Even if there is a hesitation there, I think it will rise again afterwards (unless there is turmoil in the indicators, presidential election, or FOMC).
If it goes up all at once, it might reach around 138 or so...
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J_M_RIN : It's great that Micron is moving forward as planned~![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
普通のエビ OP J_M_RIN : Sometimes financial estimates are also correct, lol