Micron Technical Trade Call Near Reward Zone

about 1 month ago

"I looked at the chart on Micron and we can look at this after hours cuz again after you know in the market it dipped down but if you go and look at an after hours move on this one you can see it popped up. Now where would I expect this to pop up to in the open if tomorrow is an up day and again today being a down day indicates that maybe it was an overreaction. It's going to be based on the job numbers tomorrow. So, I'm not going to make a prediction, but that 2555 right now is your reward zone. And that is the limit because if you look at this, and we're going to take off the arrows off. If you look at that, it's a nice little double top."

The speaker highlights a technical setup in Micron, noting an afterhours pop and identifying 2555 as a reward zone for an expected rebound if tomorrow turns positive. He uses short-term chart analysis and job data uncertainty to justify a potential add-on.

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