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Bixley
Dec 2, 2021 11:57 AM

MU Rising Wedge Breakdown 

Micron Technology, Inc.NASDAQ

Description

MU is within a rising wedge
Rising wedges are a bearish indicative pattern
I am suggesting a collapse down to a stronger area of support to manage this rising wedge

The other scenario is that this rising wedge breaks out to the bullish side, but for the consistency of chart pattern expertise we will stay with the bearish approach, which is considered appropriate.

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