To The Moon

Micron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.  Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. MU Weekly Chart March 2023 MU Weekly Chart March 2023  The last time we talked about MU was in March of last year. As we see in the chart above, we had ended an impulse as wave I at $96.96 high. Then, the market did an expanded flat correction (3-3-5) causing the price to drop to $48.43. We labelled this low as wave II. From here, we expected to continue the rally as long as the price does not break below 48.43. (If you wa

Short Term Elliott Wave View in Silver (XAGUSD) suggests that pullback to 28.58 ended wave (4). The metal has turned higher again in wave (5) as the 1 hour chart below shows. It still needs to break above the previous wave (3) peak at 32.51 to rule out a larger double correction. Up from wave (4), wave (i) ended at 28.95 and wave (ii) ended at 28.66. Wave (iii) higher ended at 29.25, and pullback in wave (iv) ended at 28.76. Wave (v) ended at 29.62 which completed wave ((i)). Pullback in wave ((ii)) ended at 28.94. The metal has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 29.81 and pullback in wave (ii) ended at 29.3. Wave (iii) higher ended at 30.66 and pullback in wave (iv) ended at 30.19. Final wave (v) higher ended at 30.69 which completed wave ((iii)). Pullb

$Tesla(TSLA)$ stock made it 11 consecutive gains on Wednesday (July 10) by the skin of its teeth. Investors digested news about market share and from Wall Street.Goldman Sachs analyst Mark Delaney increased his price target on Tesla stock to $248 from $175, and kept his Hold rating.Price target bumps typically help stocks. Battling target price increases is news that Tesla’s market share in the U.S. fell below 50% for the first time since it started selling electric vehicles, according to data provider Cox Automotive.Here are two distinct options trading strategies applied to Tesla stock against the backdrop of heightened Implied Volatility (IV). Each is designed to exploit the IV environment to potentially benefit from the volatility contraction

After a three-month hiatus, $Advanced Micro Devices(AMD)$ is back on the rise, outpacing $NVIDIA Corp(NVDA)$ 's 8.5% gain with a whopping 16.6% surge in the last six trading days. $Intel(INTC)$ , another chip giant, has also been soaring, shaking off its earlier doldrums.AMD, Intel and NVIDIA are the three major GPU giants, but NVIDIA has soared since the AI era dawned, leaving AMD's gains looking modest despite nearing all-time highs.Lagging behind in the competition!So far this year, AMD rose only 24.8%, while Nvidia was as high as 172%, a huge contrast, as an AI backward stock, AMD has no chance to copy the glory of Nvidia?The answer is yes, but the surge won't