June 25, 2024

MICRON PRESENTS OPPORTUNITY DRIVEN BY AI BUT BE CAREFUL

By Nigam Arora & Dr. Natasha Arora

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

Driven by artificial intelligence, Micron (MU) presents an opportunity for investors, but be careful. Micron is one of the three largest manufacturers of semiconductor memory in the world.

542% Gain

MU is long from $21.77. It is trading at $139.86 as of this writing. Long time members of The Arora Report have a gain of 542%. Along the way, there have been opportunities for newer members of The Arora Report. This post will address both investors who do not own MU but want to own MU as well as investors who own MU.… Please click here or the title below to read more.

June 25, 2024

A NEW TRADE AROUND POSITION ON MICRON (MU)

By Nigam Arora & Dr. Natasha Arora

Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria. Typically, Signal Limited has higher risk-reward.

The general rule is to not take trade around positions ahead of earnings as earnings represent significant risk, both to the up side and the down side. There are exceptions. In this case, there is significant interest among investors to take a trade around position ahead of earnings. Such investors need to be forewarned of the high risk. For this reason, this trade around position is suitable only for super aggressive investors who understand the risk.… Please click here or the title below to read more.

June 25, 2024