$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.
Note
Note
Support held, bad news still being absorbed by the buyers, as sellers unload for a couple more days.
Trade fermée manuellement
I'm taking profits here, rebuying on dips in 3 days or so.
Note
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/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.