March 25, 2024

AN OPPORUNITY IN MEMORY MAKER MICRON (MU) ON AI FRENZY

By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

Over the weekend, AI hype on memory maker Micron (MU) went into overdrive. The hype is accelerating on Wall Street this morning. Hype can make stocks run a lot farther than you would think. Stocks such as MU can get totally divorced from fundamentals.

The target zone for MU has been $136 – $142. If the MU reaches this target zone, that will tentatively be the time to take only partial profits.

If the hype continues, the next target zone is $163 – $177.

There is a 450% gain on Micron (MU) for paying members of The Arora Report. … Please click here or the title below to read more.

March 25, 2024

APPLE, ALPHABET, AND META UNDER E.U. PROBE; INTEL AND AMD BANNED; FED’S BOSTIC SAYS ONE RATE CUT

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Threat To Tech

Please click here for a chart of Intel stock (INTC).

Note the following:

The Morning Capsule is about the big picture, not an individual stock. The chart of INTC stock is being used to illustrate the point.
The chart shows Intel stock ran up on AI excitement.
The chart shows a double top. We previously shared with you that this is a negative technical pattern.
The chart shows a gap down on earnings. Since earnings, Intel has received about $20B in U.S.

… Please click here or the title below to read more.

March 25, 2024