I’ll Take The Other Side
Apparently, yesterday a Cowan analyst ranked MU as a “best idea” and I see that FX Empire looks to buy on a fill of the gap below. That should eventually happen, and he may be right that it becomes a good long term buy at lower levels, but I take the other side. I see it getting up to fill the gap at 85, likely today, and I would sell or take a put position for the drop to the gap at 77. I don’t have a long term opinion but definitely see a pop to 85 as at least a short term sell.