MU Micron Technology will continue going up after finding support on the 200 sma that was lining up with the 0.618 fib level which was also lining up with the 3/1 gannfan line and a major support level to the left. It made a double bot and an overall higher low structure. MU will continue going up until the 1.618 fib level (58.13) which is the 2/1 gannfan line,...
Micron has broken out of its first pennant, but I see a tide of selling going into next week dragging MU down to high $47's. I am waiting until the end of the month to go long on anything, but Micron is high on my list of lagging stocks that I see busting out to ATH's going into the end of the year.
NASDAQ:MU Hi all, MU is still inside a consolidating triangle, so I am not looking for a breaking to ATH's yet. MU next target is 49.20, but if it can't break the downward resistance, it will likely retest 43 range. As long as MU stays above the upward support, the target is 49. Further analysis and thanks to my followers for keeping me up to date
micron still in dwen trend... when do you see it ending?
NASDAQ:MU As per my previous analysis, MU did exactly as expected and filled the gap at 46.80 and hit support at the $45 level. Now MU has settled at a support line established during the flash crash of Christmas 08. Nothing screams BUY MU like this setup. Feel free to follow for ongoing analysis
NASDAQ:MU MU broke through the channel I drew and the stock appears to be heading towards major support at $45. I will consider this my entry point for calls. I think this a great stock that doesn't get the credit it deserves. I'd like to see this stock head to $60 again by year end.
Hello! Friends, This would be a great Buy Opportunity, IF NASDAQ:MU breaks up the Daily Resistance line at $52.71 (with a whole Candle) !!
MU Idea A clear rising wedge has formed between the dominant trendline and another trendline below this line A inverse H&S has also formed with a possible right shoulder already printed, a possibility that it is a fake and another will be printed as a result of the rising wedge.
Chart looks fantastic. PMO, MACD, RSI & STOCHASTIC look bullish. Blowout Earnings coming within weeks. Looking for Micron to trade up to its old time highs of around $61.00 Long!
Cup and handle on the daily for Mu and weekly for Intel. This is a very bullish and often very successful chart pattern. Go long buddy!
Golden cross incoming, usually pretty bullish, weekly chart.
MU weekly chart shows a bottom completion underway for MU as it recovers from a 50% decline last year. The stock is showing some underlying momentum from large lot hidden activity.
Pattern invalidated if price rises above the X point so the stop is just above it.
MU has formed an island top the price may come to a reversal at the 1 fib level due to this formation. Maybe a rounded top? Possibly my favourite chart pattern so far.
Phenomenal technicals for MU right before earnings release tomorrow. I used to trade this stock in the past, always loved its performance. Stock is consistently creating higher lows and higher highs. 10 out of 10 indicators check out bullish. Stock is likely to break the ATH once again post-ER. Before the ER it would be great if MU would close the gap created...