$MU vs $AMD

2021년 6월 15일

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

My team has been analyzing MU for the past few months. After consolidating in the $74-84 range for the past few weeks we finally believe that MU is ready to take its leap to go past $100.

MU is a semiconductor company much like AMD. With this being said investors should expect these two to uptrend similarly short-term along with other semiconductor companies.

For long-term investors AMD is the chip tyrant that will most likely dominate its competition, but that doesn't mean that we're not going to show MU some love in the meantime.

We entered MU this morning at $79.36 and plan to take profit 1-2 months from now at $104.

Entry: $79.36
Take profit: $104
Stop loss: $75

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