SEMICONDUCTOR MEMORY MANUFACTURER MU BREAKING OUT AHEAD OF iPHONE 8 LAUNCH, RAISING THE TARGET $MU $AAPL $SMH
This post was just published on ZYX Buy Change Alert. MU is long from $21.77. It is trading at $33.25 as of this writing. From a technical perspective the stock is breaking out. Please see the chart. The new target zone is $39. to $47. The reason for a wide target is that DRAM prices are often very volatile and move this stock over a wide range. The new buy zone is $28 to $31.27. What To Do Now Those in the stock may consider continuing to hold. Those not in the stock and are good at managing breakouts, may consider scaling