MU is a clear tech short for summer. Consistently missed on earnings, and a kind of messy H&S pattern. Might be a potboiler, but the skewed H&S leads to an obvious support level of 27 (our target), which in turn means an entry at 39 (market) allows a generous $3 (7.7%) stop. Obviously a small size trade.
Only an earnings surprise on Jun 21 could upset this trade, so we may get out before then.
How does your charting account for the draw from $60 to $45, then back up again, in March/ May? Its possible you're trying too hard to find a pattern when there might not be one there. Even if we pull back to the weekly view, that still needs to be accounted for. That's hundreds of millions of dollars changing hands, the H&S pattern is really just an examination of supply and demand and there was clearly a surge in demand from Feb-March. I'm not saying your idea won't play out ,it very well could; The upward trend that MU has been holding since Jan2019 was clearly broken last week.