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 yesterday to allow for smooth sailing through the upper trend line seen on the 'monthly' below.
Note
Note
NOTE: Yesterday's performance broke the August 2018 high (53.68). MU is now to break the next high from July 2018 (58.15), which is very close to the ATH of 64.66.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.