I am recommending selling shares in Micron Technology. We bought the stock on 5/24/24 at $130.05. This morning, it’s trading at $141.39. That’s a $1134 profit, which should be in our pocket.
The stock is getting a bit ahead of itself as the RSI is near 70 and reaching overbought levels. And in this quirky market, it’s time to take the money and run. By the same token, given the longer term trading pattern, this might be one we come back to after things settle down.
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Thanks for the thumbs up. In a quirky market you’ve got to take them when you’ve got them.
👍