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hockeysniper

MU - consolidating , possible falling wedge pattern

Long
Micron Technology (NASDAQ:MU)  
hockeysniper  
NASDAQ:MU   Micron Technology
Trend Analysis Technical Indicators Chart Patterns MU SMH SOXX
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trendanalysis indicator chartpattern mu smh soxx
Micron looks to be consolidating on the daily chart heading into earnings Tuesday after market. The POC - (point of control) could be target $80, after earnings with 8% move expected.

The Oct 1st options data shows a put/call ratio at .55 . The Oct 15th $75 and $80 calls have over 28000 Open interest.
Looking to go long breaking above $75
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