$Micron Technology(MU)$ Since I see that some people here are worried of earnings going south and the stock dropping to ~$80 level again, I want to share my view.
I see the stock outperforming throughout the end of this year as well as having a strong performance through next year. Given this, I want to own the stock from below $100 level, as I see a 35-40% upside in the short-medium term.
If needed, I will take an average.
But I don't want to be on the sidelines when it gaps up. Adequate risk management is needed here, buy enough to participate to the upside (i.e., if you are bullish), but not too much so that you can't manage a dip to $80. [Happy][Happy][Happy]
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Great article, would you like to share it?
Great article, would you like to share it?