caleb8022

Moving Average Alignment May Show Drive to 30+ Next Week

Long
NASDAQ:MU   Micron Technology
0
In the recent breakouts from AMZN and MSFT, the 7,14,20 day moving averages aligned in descending order, branching away from each other just days before the breakout. That being said MU and MSFT charts tend to align well together. Using this knowledge and comparing MU to the 7, 14, 20 day moving averages, it can be hypothesized that MU's moving averages are poised to demonstrate a similar impending breakout in the upcoming days.
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