Long Term bearish
Alot of people are currently looking at the 6 month to 1 year charts when making decisions on what momentum MU is going. I believe MU should only be traded for short term investments.
If you look at my chart you can clearly see MU has been over bought by looking at RSI, and the MACD is showing a change in trend.
In the past the same thing has happened. I also believe that the market is currently getting over bought and we will/are currently having a cool down. Be cautious of what you buy and do not buy into hype.
If you look at my chart you can clearly see MU has been over bought by looking at RSI, and the MACD is showing a change in trend.
In the past the same thing has happened. I also believe that the market is currently getting over bought and we will/are currently having a cool down. Be cautious of what you buy and do not buy into hype.
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