MU is a leading indicator for a recession, and it's almost priced for one. Looks like it's got a little further to go for the gap fill, which means short the next pump.
No position right now, but it looks to me like we're close to the bottom.... maybe.
No position right now, but it looks to me like we're close to the bottom.... maybe.
Note
Went below my target then bounced. I guess there is still some demand for stocks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.