Massive Double Top Signals Strong Short On Micron Technology (MU)

Shares of Micron Technology (MU) are hammering into a daily double top after rallying 35% in just weeks. This is partial fake financial engineering due to a massive share buyback but also because of a piker cult following of the stock that drives it higher as small investors chase in the upper ranges. Ultimately, the charts tell the truth and the truth is a double top after a massive move like this has a 80% chance of falling hard. In addition, after posting a short on the stock on Twitter, many average or sup-par average investors told me I am crazy. That is exactly what you want to see to know you are correct on the analysis.





Gareth Soloway
InTheMoneyStocks