MU Rising Wedge BreakdownMU 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.
Microntech
MU Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
MU or MICRON TECHNOLOGY Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
MU to drop to $30 before next supercycleAs the amount of data shared continues to double every two years, memory is a constant and increasingly needed commodity. Memory's super cycle has come to an end mid-term, but will return within the next year or so and be larger than ever before. I expect MU to drop to $30, even with it's $10bill buyback, as MU management has no incentive to pump their stock through bullish sentiment in the near term as they'd likely want to obtain the cheapest shares possible before the next super cycle. I suspect this super cycle to occur within the next year as the chart indicates and perhaps pump MU's share price to the $85 area.
Setting Up For Next Leg UpTraders seem to be under the impression that MU will, for whatever reason, miss earnings on September 20th, but there's no reason to suspect that at this point. I expect MU to continue it's long-term upward trend with a nice spike above $55, perhaps after earnings on the 20th.
Micron Technology (MU) Sets Up For 90-100% Gain Over Next YearWe have been following Micron closely and waiting for wave C to complete. It has and we are positioned for big gains over the next 5-12 months.
This movement will outlast our projections for the major markets. What are the reasons for the rise, tops and drops? Our guesses align with trade, and politics.
Our full analysis is at Elliott Wave Ideas dot com.
MU : Support and resistance with range of motionMU H4 chart
The upward movement continues on the red support line
If it break the red and blue support lines broke, it is the place I mark the possible movement area.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
I'm sorry for the impaired expression..Just watch the chart, not what I write. :)
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
MU Corrected & Updated MomentumAfter taking a second look at the stock thanks to ricsalrod, I noticed that it looks like the stock wants to complete a ABCDE before entering its 5. PT still in the early 70s and still looks to make a head and shoulders top and correct. Thanks for for taking the time to look.
Micron Technologies Micron continues to ride the grey uptrend line. RSI is currently overbought, and the past shows us we should expect a pullback. However, the Bollinger bands still show some wiggle room up to $65, with heavy resistance just over $66. I will post updates when necessary.
This is not financial advice.
Questions, criticism, and other ideas always are appreciated.
Cheers!
Hot stock of 2017 and already for 2018 as well...Everybody left behind wants to get in this train right now. Best option is to wait after the earnings aiming at a long term holding. Remember that this stock moves in cycles and there is no guarantee it will keep climbing the rest of the year. If you need to buy it now we show the best areas to buy, the lower the optimal but maybe it won't go that low before earnings.