The analyst plans to buy Micron Technology (MU) after it completes its ABC correction, expecting a significant discount.
Waiting for MU to complete its ABC correction to buy at a -50% discount.
I will buy $MU when it completes its ABC correction getting a -50% discount We are not all the same.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +1.1% | +1.4% |
| 1 week | +4.8% | +4.2% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |