Cuddles1997-1999

MU H+S analyst downgrade to 28

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Cuddles1997-1999 已更新   
NASDAQ:MU   Micron Technology
around 2/3 retrace the last crazy bull run. target 28-30$
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Just hangin out with this little long term trend-line pre market 25.15. Should break down and retest after 50% of way to target.

For example look at support 2700 on the SHCOMP H+S halfway to 2500 target.

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Might close at -9% today if opens at -4.5. Basically looking to cover the short at 40.30-40. Target 50+ after earning.
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Analysts downgrade to get liquidity for order fills to bet against you. Final large bank downgrade this morning. Their target is 50.
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This is sort of the area for a false relief rally. have a stop.
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