MU heads up into $180: Dual Fib Resistance could make for a TOPMU has been flying even higher than its brethren.
Approaching key Resistance zone $177.74-180.01
Look for a Dip-to-Fib (likely) or Break-n-Retest.
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See "Related Pubications" for previous charts such as this EXACT BOTTOM call:
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.
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Key facts today
Micron Technology (MU) stock has risen 129% this year, now at $192.90, due to strong demand in the memory chip market. Morgan Stanley upgraded its price target to $220.
Micron Technology is recognized as a favored chipmaker in a recent investor report from Cantor Fitzgerald, alongside Nvidia, Broadcom, Taiwan Semiconductor Manufacturing, and Advanced Micro Devices.
1.30 USD
6.97 B USD
30.50 B USD
About Micron Technology, Inc.
Sector
Industry
CEO
Sanjay Mehrotra
Website
Headquarters
Boise
Founded
1978
ISIN
ARCAVA460180
FIGI
BBG01RH1SCG4
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.
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Analysis of MU Shares Following Earnings ReportAnalysis of MU Shares Following Earnings Report
Memory chip manufacturer Micron Technology (MU) published a positive financial report for Q4 of fiscal year 2025 on 23 September:
→ Q4 Revenue: Actual = $11.32 billion, up 46% compared with the same period last year.
→ Adjusted Earnings Per Share (E
MU — Short: overboughtMU — Short: overbought → fade back into the channel
Context: After an extended run, price is stretched above the rising channel; local distribution under a minor descending channel. Expect mean-reversion back inside the broader channel.
Entry: 174–176
Stop: 186.8 (above channel top / recent spike
Micron Technology - New all time highs!💰Micron Technology ( NASDAQ:MU ) is heading for new highs:
🔎Analysis summary:
More than a decade ago, Micron Technology entered into a significant long term rising channel pattern. Recently, we witnessed an expected rally of about +120%, perfectly rejecting support. But with the current all t
Further upside expected for Micron NASDAQ:MU is looking at a potential upside continuation after rising beyond our wildest expectation. Upside is likely to continue as a potential bullish flag was seen closing above the resistance turned support at 157.12. Strong continuation may see a ush to 197.00 level in the enar to mid-term.
$MU a chart I don't likeSo, as I have been trying my hand at stock with Technical Analysis, it's definitely harder than I thought. I definitely do not like these charts for the simple reason that they all have Huge Gaps in them with new all-time highs. No real resistance and no real support. With all the Perma bulls in the
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