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Stock impact report

Now Is The Buying Opportunity I Was Looking For From Micron [Seeking Alpha]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Seeking Alpha
Summary On June 20, I posted an article with my opinion on Micron Technology ahead of its earnings report . I stated that I didn’t think buying the stock or buying calls ahead of the report were a good bet because the sentiment toward the stock was reflecting too much optimism. The article finished with the following statement: “I like the idea of waiting until after the earnings report and then waiting a week or two to buy the stock at a better price. After the pullback from the last earnings report, the 10-week RSI dipped below the 50 level for only the third time in the last two years. If we see the same thing happen this time, I would look to buy Micron. All three times the 10-week RSI dipped below 50 in the last two years, it presented a great buying point in the stock.” There were a number of comments on the article and I responded to several by stating that I liked Micron on a long-term basis, but I didn’t like it ahead of the earnings report. Now is a better buying Show less Read more
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