Technical Analysis for
MU
(Micron Technology Inc.)
Weekly Chart Analysis:
- The weekly chart indicates a strong bullish trend, resembling a "bullet train," with prices consistently above the five exponential moving average (EMA).
- Bullish momentum appears to be continuing, with the price hovering near a key support level at 106.
Daily Chart Analysis:
- On the daily timeframe, we observe a significant support level near 106, reinforcing its importance.
Four-Hour Chart Analysis:
- Entry opportunities may come up on the four-hour timeframe, especially within the buying zone ranging from 80 to 111.
Conclusion:
-
MU
exhibits a strong bullish trend on the weekly chart, supported by price action above the EMA..
- Entry opportunities can be explored within the buying zone of 80 to 111, with confirmation signals awaited on the four-hour timeframe.
Thoughts? Leave your comments below!
MU
(Micron Technology Inc.) Weekly Chart Analysis:
- The weekly chart indicates a strong bullish trend, resembling a "bullet train," with prices consistently above the five exponential moving average (EMA).
- Bullish momentum appears to be continuing, with the price hovering near a key support level at 106.
Daily Chart Analysis:
- On the daily timeframe, we observe a significant support level near 106, reinforcing its importance.
Four-Hour Chart Analysis:
- Entry opportunities may come up on the four-hour timeframe, especially within the buying zone ranging from 80 to 111.
Conclusion:
-
MU
exhibits a strong bullish trend on the weekly chart, supported by price action above the EMA.. - Entry opportunities can be explored within the buying zone of 80 to 111, with confirmation signals awaited on the four-hour timeframe.
Thoughts? Leave your comments below!