Micron: Short Term Sell Signal, But Long Term Buy Signal (Technical Analysis)
MUMicron Technology(MU) Seeking Alpha·2024-07-01 00:32

JHVEPhoto Micron (NASDAQ:MU) just dropped after reporting earnings, and we think this will trigger our buy-on-weakness signals because it has our proprietary Stocks In Demand or SID Buy Signal and is already in our 2024MP Model Portfolio. The charts below show the short-term Sell signal on the daily chart and the longer-term Buy signal on the weekly chart. MU is outperforming the Index on a trend basis, shown on our weekly chart below, and portfolio managers love that. We expect them to add to their positio ...