“Micron's post-earnings reversal mirrors Oracle's top and negative divergences signal a potential high.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
had these great earnings last Wednesday after the close and was up 14% on Thursday. As of yesterday's lows, we had given back everything from those earnings. Now, it did get a bounce back into the end of the day, but still that move oftentimes marks a high.
Micron mirror the oracle top the technical negative divergences are very very powerful right now
The structured call
The receipt
Publish-day price $$1,154.29 · the claim is anchored to the moment it was said.