$Micron Technology(MU)$ What I

$Micron Technology(MU)$ What I’ve noticed about MU is it seems to continuously fail to sustain or hold its rallies, but when it runs out of gas often drops like a rock. After rallying prior to their last earnings report, it disappointed and sold off a bunch post earnings. I would not want to own this stock because of the volatility, but I would say it is a very good stock to trade options on because of the big trading price swings. I’m rooting for MU to be successful, but I have to be honest in saying all of the rallies I’ve seen have turned out to be fake. By the 3rd Friday of October, I will need to be at or above 139 to recover my investment, or hopefully make some money if it trades higher. Based on current trend, I won’t be holding my breath.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":335508487487528,"tweetId":"335508487487528","gmtCreate":1722947006831,"gmtModify":1722947010777,"author":{"id":9000000000000648,"idStr":"9000000000000648","authorId":9000000000000648,"authorIdStr":"9000000000000648","name":"ColinThorndike","avatar":"https://static.tigerbbs.com/8e83e48989b3401bb5773e10a7c62208","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":39,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p> <a data-mention-id=\"MU\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a>  What I’ve noticed about MU is it seems to continuously fail to sustain or hold its rallies, but when it runs out of gas often drops like a rock. After rallying prior to their last earnings report, it disappointed and sold off a bunch post earnings. I would not want to own this stock because of the volatility, but I would say it is a very good stock to trade options on because of the big trading price swings. I’m rooting for MU to be successful, but I have to be honest in saying all of the rallies I’ve seen have turned out to be fake. By the 3rd Friday of October, I will need to be at or above 139 to recover my investment, or hopefully make some money if it trades higher. Based on current trend, I won’t be holding my breath.</p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"MU\" class=\"teditor-mention\" data-mention-name=\"Micron Technology\" href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$</a>  What I’ve noticed about MU is it seems to continuously fail to sustain or hold its rallies, but when it runs out of gas often drops like a rock. After rallying prior to their last earnings report, it disappointed and sold off a bunch post earnings. I would not want to own this stock because of the volatility, but I would say it is a very good stock to trade options on because of the big trading price swings. I’m rooting for MU to be successful, but I have to be honest in saying all of the rallies I’ve seen have turned out to be fake. By the 3rd Friday of October, I will need to be at or above 139 to recover my investment, or hopefully make some money if it trades higher. Based on current trend, I won’t be holding my breath.</p></body></html>","text":"$Micron Technology(MU)$ What I’ve noticed about MU is it seems to continuously fail to sustain or hold its rallies, but when it runs out of gas often drops like a rock. After rallying prior to their last earnings report, it disappointed and sold off a bunch post earnings. I would not want to own this stock because of the volatility, but I would say it is a very good stock to trade options on because of the big trading price swings. I’m rooting for MU to be successful, but I have to be honest in saying all of the rallies I’ve seen have turned out to be fake. By the 3rd Friday of October, I will need to be at or above 139 to recover my investment, or hopefully make some money if it trades higher. Based on current trend, I won’t be holding my breath.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/335508487487528","repostId":0,"isVote":1,"tweetType":1,"viewCount":636,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":612,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/335508487487528"}