$MU: Buy on dips, yearly uptrend active...
MU is now cash positive, doing great progress in containing debt and investing in CAPEX. They have a significant advantage in the NAND space and are investing heavily in it. Very good valuation here, and trending up, an easy buy for the long term.Cheers,
Ivan Labrie.
Catatan
Catatan
Support held, bad news still being absorbed by the buyers, as sellers unload for a couple more days.
Trading ditutup secara manual
I'm taking profits here, rebuying on dips in 3 days or so.
Catatan
Haven't bought back after selling recently. My last buy back attempt was not too good, as technicals deteriorated, specially relative strength. Flash memory prices trending down still. Trading its toll on this stock and WDC. both look promising and cheap but act a bit like commodities. Need to time the cycles.
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🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.