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Micron Technology
Short

MU

By stocktrader15
On this chart I see a big bearish vol spike, divergence in RSI and 60/10/10 stoch, cypher finishing. Wedges almost always break out when the wedge is about 60-70% complete from the start of the wedge to where the lines come together to meet, as you can see thats where we are here!. It is also hitting the .5 line on the fib extension which is a great reversal point. Also if you look left at the structure it would also imply a price drop here. Lets hope no crazy news comes ut over the weekend and we can pick up close to where it ended on friday :) Good Luck!
stocktrader15

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