Micron Technology is what can be considered a value stock (P/E under 7 with large positive cashflow), even though skeptics stay away from the stock due to the cyclical nature of semiconductors (debatable in today's market situation due to high demand and industry consolidation). At the same time, the stock is in a strong upward trend on the higher timeframes, while undergoing a tough correction due to selling, among others, by its second largest shareholder Nanya, a company that is selling Micron for other reasons than the company's future outlook. The argument can be made that this is a very attractive opportunity and that the next upward move could be a great entry opportunity for trend traders.
This idea does not constitute financial advice. Make your own decision and let us know what you think.
This idea does not constitute financial advice. Make your own decision and let us know what you think.
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。