$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.
Nota
Nota
Support held, bad news still being absorbed by the buyers, as sellers unload for a couple more days.
Trade fechado manualmente
I'm taking profits here, rebuying on dips in 3 days or so.
Nota
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/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.