Hey everyone! This week I am highlighting Micron Technology (Ticker Symbol MU) as my Stock of the Week. MU showed Relative Strength during the market correction, forming higher lows and barely undercutting the 21 ema. This week MU reported earnings and gapped up out of the handle of a 36 week base.
Just curious.... are you located around the Charlotte, NC area? I am. I saw your name pop up on the local IBD meetup group. Didn't know if you were local or just "virtually visiting" from afar. It was my 1st time attending.
Thank Richard for MU analysis. Very interesting how you go deep on 5m to sense the pulse before executing. Do you keep checking on 5m after to set the trade or move to a higher time frame?
Nice tight entry!!!! Thanks for sharing. I picked up a few things. Very helpful.
Glad to hear it!
Just curious.... are you located around the Charlotte, NC area? I am. I saw your name pop up on the local IBD meetup group. Didn't know if you were local or just "virtually visiting" from afar. It was my 1st time attending.
Hey that's nice analysis 👍 I usually look into 30 mins minimum ..read almost everywhere that 5 mins is not advisable at all
Thank Richard for MU analysis. Very interesting how you go deep on 5m to sense the pulse before executing. Do you keep checking on 5m after to set the trade or move to a higher time frame?