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At What Price Will Micron Close at After Earnings Report?
21 march

$MU reported quarterly results last night. On the call, it gave just another lesson that expectations are everything. 

Management is not delusional about the chip cycle downturn.

Micron is adjusting the business accordingly. Instead of pretending the cycle no longer exists, Micron forecast a 2H recovery.

That is, a FULL 2H recovery. This suggests the current downturn is mild at best.

Trade wars are temporary and suppliers and market demand adjusted. Now heading into Jun - Dec 2019, the rebound in Micron stock will begin.

$MU, MICRON TECHNOLOGY INC / H1

What Will Micron Stock close at following the earnings report?

Up? Agree.

Down? Disagree.

Now read the AMD daily prayer.

Read about the Bullish trend in NVDA.

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At What Price Will Micron Close at After Earnings Report?

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