$Micron Technology(MU)$ 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.

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