Micron Technology - Here comes the ultimate reversal!

Jan 14

🥊Micron Technology (MU) is soon collpasing:

🔎Analysis summary:

Micron Technology is clearly retesting a major resistance trendline. We can also see that Micron Technology is somewhat overextended and ready for a healthy correction. All it needs now is bearish confirmation and we could see a decent rejection in the near future.

📝Levels to watch:

$350

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Jan 26

Trade active

🥊Micron Technology (MU) will reverse very soon:

🔎Analysis summary:

It overall seems like Micron Technology will close January with a massively bullish candle. But looking at the higher timeframe structure, Micron Technology is still sitting at resistance. It is just a matter of time until this stock will finally create a bearish reversal.

📝Levels to watch:

$350

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

7 days ago

Trade closed: target reached

🥊Micron Technology (MU) is now exactly at resistance:

🔎Analysis summary:

Looking at the higher timeframe, Micron Technology is totally overextended. But this does NOT mean that we will see an immediate reversal. Despite retesting major resistance, Micron Technology remains totally bullish so far. I would really be careful though.

📝Levels to watch:

$350

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION