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
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.
