Comment : 1) TrendX+ indicator - candlestick still wandering below trend line, mid-term downtrend 2) DDX+ indicator - although fund candlestick has breakout trend cross and now has supporting, however it is still under zero-axis, take cautious trading at this point 3) MCDX+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more...
There is a daily wolfe wave setup that triggered on July 1 closing day at 53.65. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 84.69 which is expected to reach this price target before Sept 22. Projected...
Micron Technology Short Term - We look to Sell at 65.98 (stop at 69.58) We look to sell rallies. Selling continued from the 61.8% pullback level of 85.74. Posted a Double Top formation. The formation has a measured move target of 46.09. Selling spikes offers good risk/reward. Our profit targets will be 46.09 and 41.09 Resistance: 66.00 / 75.00 /...
Micron Technology Short Term - We look to Buy at 66.22 (stop at 65.18) We look to buy dips. Previous support located at 66.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 73.13 and...
Micron Technology Short Term - We look to Buy at 66.27 (stop at 64.82) Preferred trade is to buy on dips. Previous support located at 66.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Expect trading to remain mixed and volatile. Dips continue to attract buyers. Our profit targets will be 71.40 and 74.49...
In both cases a bullish rising wedge is evident, while with a climb and transition through 2.618 I have made Bearish posts for MU based on this Rising Wedge pattern but now I can view it as in a bullish state due to the prior rising wedge and how it acted Weekly Chart
Idea for micron donwtreand wil prevail i think. Also this company has flat revenue. should drop
I still think there is more downside to MU. I was right on my first analysis, now let's see if Ninja will do it again. Over all I am bearish on MU up until a day or two before earnings, even with the possibility of going into earnings. I posted all of my entries, stops, & take profits on the photo.
Micron Technology Short Term - We look to Sell at 79.59 (stop at 82.81) We look to sell rallies. Selling continued from the 61.8% pullback level of 85.74. Closed below the 50-day EMA. Posted a Bearish Outside candle on the Daily chart. Trading volume is increasing. Our profit targets will be 68.29 and 66.73 Resistance: 85.00 / 96.50 / 100.00 Support:...
Looking for a fill of the gap at 232 which coincides with the 2.0 extension of this 5-wave move down. Head & Shoulders pattern with negative MACD divergence.
Ok guys I am really bad about wanting to type out a thesis on my charts. Not all the lines on my chart currently matter, they are for my reference as a lot of the chart is hidden. Overall I see a possible pullback up to the $83-$84 range, after that my overall range to the downside for the current moment is $72-$77 with a more pinpointed range of $73-$75. I...
Micron Technology - Short Term - We look to Buy at 80.79 (stop at 74.96) Previous support located at 82.00. Trend line support is located at 80.00. We have a 78.6% Fibonacci pullback level of 80.01 from 75.52 to 96.50. Preferred trade is to buy on dips. Our profit targets will be 97.55 and 101.50 Resistance: 98.00 / 100.00 / 110.00 Support: 85.00 /...
Micron Technology - Short Term - We look to Sell at 94.40 (stop at 99.20) Posted a Bearish Shooting Star formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We look for losses to be extended today. 95.00 continues to hold back the bulls. The 50% Fibonacci retracement is located at 82.03 from 65.60 to...
Micron Technology - Short Term - We look to Buy at 79.23 (stop at 73.95) Preferred trade is to buy on dips. We have a 61.8% Fibonacci pullback level of 78.15 from 65.60 to 98.45. The bias is still for higher levels and we look for any dips to be limited. Previous resistance located at 96.50. Offers ample risk/reward to buy at the market. Our profit targets...
Micron has reached $97 on 17 Jul 2000, right before the dot-com crash. We are now back to exactly $97 (the blue line), for the second time, forming a gigantic cup (and handle) pattern. Look at the weekly chart to see it. With such an epic pattern, the question is if we can position ourselves for a potentially large breakout. Geometry: Price has formed a bullish...
Micron Technology - Short Term - We look to Buy at 87.30 (stop at 83.80) The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Prices are extending higher from the bullish flag/pennant formation. Trading volume is increasing. Daily signals are bullish. Further upside is expected although we...
Multi Year breakout worth a watch NASDAQ:MU Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products are marketed under the brands Crucial and Ballistix.
Micron sigue subiendo después de su reporte trimestral, y al los analistas arrancar el 2022 subiendo sus estimados con respecto a la accion. Les contamos como la salud técnica y fundamental están en la accion de cara hasta 2022