TAKE PARTIAL PROFITS AND RAISE PROTECTIVE STOP ON MICRON, ANSWER TO YOUR QUESTIONS $MU $WDC $AMAT $SMH

TAKE PARTIAL PROFITS AND RAISE PROTECTIVE STOP ON MICRON, ANSWER TO YOUR QUESTIONS $MU $WDC $AMAT $SMH

This post was just published on ZYX Buy Change Alert.

MU is long from an average price of $21.77.  It is trading at $26.89 as of this writing.  Partial profits have previously been taken as high as $29.60.

It appears that one or more  institutions are in possession of adverse information that is not yet public.  However we cannot confirm this at this time.

What To Do Now

Depending upon your account size and personal preference, consider taking profits on one-half of the position right here and put a protective stop on the remaining one-half in the zone of $25.43 to $25.68.

We have received many emails from subscribers wanting to add right here.  There is merit to this but the risk is very high.  Our objective is to make high risk adjusted returns.  For this reason, it is not prudent to buy here.

Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007.  Please click here and scroll down to see the table of all trades.  These trades have been scrutinized in real-time by thousands of subscribers across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here in real-time, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.

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