Micron's most recent trend suggests a bullish bias. One trading opportunity on Micron is a Bull Put Spread using a strike $24.00 short put and a strike $19.00 long put offers a potential 5.04% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $24.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $19.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Micron is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Micron is bullish.
The RSI indicator is at 62.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Micron
Near-Term Catalysts For Micron
Wed, 12 Feb 2014 22:58:15 GMT
MICRON TECHNOLOGY INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
Wed, 12 Feb 2014 21:12:27 GMT
Micron: About Memory Prices, Both Spot And Contract
Wed, 12 Feb 2014 20:34:37 GMT
Seeking Alpha – Yesterday morning DigiTimes published an article, the content of which was attributed to DRAMeXchange, suggesting that mobile DRAM prices had declined 5-10% in January. My first comment is that the credibility …
Illumina, Alexion Lead 4 Big Caps Drawing Big Buyers
Wed, 12 Feb 2014 13:02:00 GMT
Facing an incomplete on your homework?
Tue, 11 Feb 2014 23:39:07 GMT
CNBC – If you're diversified and you're doing the same research for each stock, you may be making a huge mistake.
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