Trade Review: Micron's Earning Day!

Before trading, I did some research and technical analysis including intensive comparison between profit from options and risk/reward ratio of long positions. Basically, I am up on this stock about 10% given the volatility of current state at that time. So, I went in with double sword strategy by using advanced dynamic long and short position. (Details will not discuss here) If you want to know detail Technical analysis, please refer to earlier analysis post by someone in group.

Finally, Micron was squeezed up more than 10% and surpassed all other stock. As everyone close their position and took profit, the stock retraced back to decent level now. I did actually closed position a little late and less profit than expected for this particular trade. But, I feel pretty happy not just because of getting profit from this trade but also for the lesson that I learned about dynamic trading before earning week.

Thanks to Every Teacher and YouTuber for their technical analysis and guidance. Well done Micron.

To conclude, Micron may still be a good stock to have in your portfolio for long term.

***Disclaimer: This is not a trade advisory and solely for sharing lesson learned or educational purposes only. Trading should be a part time job for fun only and it is one of the risky business that can wipe your bank account.