VIX, MU, KOSPI& DELL See the Recovery Now
Hello everyone! Today i want to share some technical analysis with you!
1
$Dell Technologies Inc.(DELL)$This has NOT technically broken out yet because the weekly candle has not closed.
However, nearing a potentially status quo changing breakout by the end of the week.
2
$CSOP KOSPI(03121)$ The Korean index is suggesting the memory/chip trade may be back on for the next couple of weeks.
3
$Micron Technology(MU)$ I’m not remotely close to the IQ, but I really don’t see how this doesn’t go to at least $1,000 at this point.
4
$Cboe Volatility Index(VIX)$ This is moving down into potential “reversal territory” based on how it has bottomed over the last year.
However, a historically “extreme” low point is sub 13. The VIX can drop lower than most think, just like the RSI can be oversold or overbought longer than most think.
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