Micron (MU) Stock Update: Correction or Collapse?Morning Trading Family
Here's what's up with Micron (MU): If it bounces back at 92, cool. But if it keeps going down, it might hit 89-90 before it stops. If it drops past that, we might see it go to 84 or even 80. This could be a big moment for MU, so keep watching!
Kris/Mindbloome Exchange
Trade What You See
Micronstrategy
MU Rising Wedge BreakdownMU is within a rising wedge
Rising wedges are a bearish indicative pattern
I am suggesting a collapse down to a stronger area of support to manage this rising wedge
The other scenario is that this rising wedge breaks out to the bullish side, but for the consistency of chart pattern expertise we will stay with the bearish approach, which is considered appropriate.