Strong support between $26.00 and $26.50 on the daily chart. Some previous gaps happened at this level so I think its a key level. Since stochastics is in oversold levels I'm going to try to get in at the above mentioned price point and anticipate a bounce to somewhere around the $29.30 mark. If price ends up going below $26.00 I'm going to short it until around the 23.80 level.
do you think we are on that trend for a bounce? hope so and agree too, but: is that a triple top too, not a bearish signal? I hope you right, stock is going oversold and there are 55 million shares shorted (source > investopedia.com/news/microns-stock-near-breakdown/ ) will be nice to see some short squeeze to fuel MU up... what you think about? thank you