$MU with a neutral outlook after earning releaseThe PEAD projected a neutral outlook for $MU after a positive over reaction following its earning release placing the stock in Drift B
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4MU trade ideas
MU Wave 5Micron Technology Inc. (MU) broke out of wave 4 consolidation. Bullish engulfing candle with an association of high relative volume is key signal this a true breakout. Indicator confirm breakout with cross in StochRSI, TMO, and daily squeeze breaking out. Prior to breakout, Micron held the 21 ema with a hammer candle. Earnings at 1/7/21, so look for run up and momentum continuation.
<TradeVSA> Micron (MU.Nasdaq) - Confirmation on Re-accumulation1. Continuation on Uptrend
- Healthy uptrend with no climatic volume
2. Re-accumulation
- No major weakness at resistance
- High volume breaking above resistance
Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
$MU making Head & Shoulders Pattern?Good day!
Been watching MU for a couple of weeks, hasn't been a fun trade lately. After some more detailed TA it appears MU could be completing a Head and Shoulders pattern
Decreasing Volume as what appears to be a Left Shoulder & Head forming help suggest the patterns completion.
Set a few Entry and Exit targets to play the Right Shoulder formation, should it continue to play out. Could Simplify it by going Long and setting tight Stops
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