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We also see that the short interest toward Micron has been growing. The rise in shares sold short combined with the average daily volume falling has caused the short interest ratio to jump from 1. While a short interest ratio below 2. Option traders have maintained what I would call a neutral stance toward the stock. It is at 0.

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When the company announced earnings in June, the stock had just dropped from overbought levels in May. The selling pressure the stock has been under for the past three months has taken the oscillators down to their lowest levels since the first half of Some would argue that the upward trend has been snapped while others would argue that it is still in place as long as the stock continues to close above the trendline.


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Analysts have been cutting their price targets for Micron in recent weeks and that tells me that the expectations are considerably lower than they were in June. As a contrarian that is a good thing.

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If a pricing war does come to fruition, Micron is positioned favorably. The lowered expectations and the increasing pessimism tell me that the bar has been lowered considerably. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned in this article. Enter the Subject and Preview text you want to use, and click Save. Automations In an automation, you can edit the name of your email, email subject, preview text, from name, and from email address for each email at any time.

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To change email information for a specific email in an automation, follow these steps. Click the name of the automation you want to work with. If your automation has not started, click Design Email for the specific email you want to work with.

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Navigate to the Setup step of the Email Designer. In the Email information section, input the Name , Email subject , Preview text , From name , and From email address for this email. Make any other desired changes and continue through the Automation Builder.


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