NASDAQ:MU coming dangerously close to this upward sloping trendline on the weekly candlestick graph. The flatlines were drawn on a daily candlestick chart. I'm thinking it might take a few days but we should see a bounce. Let's see. :)
do you think we are on that trend for a bounce? maybe also an ascending triangle (inside up trend line and channel upper line)? on weekly chart not so clear, but is that a triple top too, not a bearish signal? I hope you right, stock is going oversold (RSI) and there are 55 million shares shorted source > investopedia.com/news/microns-stock-near-breakdown/ will be nice to see some short squeeze to fule MU up... what you think about? thank you
worldsapart89
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@toner, Bank of New York Melon Corp picked up more than 17 million shares. Huge institutional buying. We also have no evidence for cycle peak. This is a great time to get in.