TechniTraderTraining

MU Forms Symmetrical Triangle

NASDAQ:MU   MICRON TECHNOLOGY INC
A short-term triangle is underway for MU as it hits heavy resistance from previous monthly highs. The candlestick patterns are indecisive.

Comments

I just see a Head and Shoulders formation :/
Reply
@C1V, A head and shoulders top is confirmed when the support at the neck breaks. Until it does, this is just a sideways trading range with higher lows developing, hence the triangle that is mentioned due to the higher lows on the right shoulder.
Here is some free technical analysis training if you're interested: https://technitrader.com/stock-technical-analysis-charts/
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C1V TechniTraderTraining
@TechniTraderTraining, I see it now, thank you!
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@C1V, You're welcome!
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