TRADING TIPS

MU Gap and Go with Target

Hubert Senters here. Let’s take a look at MU, Micron Tech or Micron Technologies. You have had now this will be one, two days above the cloud. I wouldn’t call that above the cloud. It did trade above. But it didn’t really close above the cloud depending on how your cloud is formed. We’re just going to call it two day. But today you had massive gap up. Looks like going to be a gap and go situation. You have usually two situations when you have gaps. And one of them would be a gap and go where it gaps up and continues to go in that direction and another one is called a gap and crap where it gaps up and then it feels that gap. It’s just the terminology that we use each time. So where’s it going to go next? Well, if you’re long Micron Technologies, MU, it’s probably going to run up in the area of $62 about $62. And then we will re-assess as after it gets up there. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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