TODAMOON
10-04

$Micron Technology(MU)$ I can see maybe 150 in a year but not 200. That’s a tall order. Micron seems to grenade after every earnings call. Over time (long time) it goes up, but it doesn’t seem to trade logically. Right now it’s struggling to get back above the 200dma. Once it clears it and holds it, it will take the next leg up. I think we were all hopeful when it shot up to 150s in June, but look g back, that was probably more painful for us longs, it wasn’t helpful to get our hopes up; and in the end, it cratered well below the last highs of 120s back in April. I’m confident it has the ability to get back to 150s, but it will be a slow path up there.

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