VIX, MU, KOSPI& DELL See the Recovery Now

Jake_Wujastyk
08-13

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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