Micron Technology - Another +50% rally will follow!

Micron Technology - MU - will rally another +50%:

(click chart above to see the in depth analysis👆🏻)

About two months ago Micron Technology perfectly retested a confluence of support. This retest was followed by bullish confirmation, nicely indicating a reversal. So far we saw a rally of +100%, but looking at the channel pattern and previous cycles, another +50% will follow.

Levels to watch: $200

Philip (BasicTrading)
#LONGTERMVISION

Trade active

⚙️Micron (MU) will now break out:

🔎Analysis summary:

With an incredible rally of exactly +100%, Micron is now retesting the previous all time high. Following such bullish momentum there is clearly a higher chance for a breakout. Such a breakout will necessarily lead to another rally of about +50%.

📝Levels to watch:

$200

🙏🏻#LONGTERMVISION
Philip - Swing Trader

2 days ago

Trade closed: target reached

⚙️Micron (MU) is not done yet:

🔎Analysis summary:

Micron is about to finally retest the previous all time highs. Following this substantial rally, we could certainly see a correctio first before the breakout will happen. Momentum remains strong and price action is pointing much much higher.

📝Levels to watch:

$200

🙏🏻#LONGTERMVISION
Philip - Swing Trader

basictradingtv

SwingTrading.Simplified.

Free: SwingTrading-Academy👇🏻
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basictradingtv

SwingTrading.Simplified.

Free: SwingTrading-Academy👇🏻
discord.gg/jgdrYXwqyD

#LONGTERMVISION

Also on: