Micron Technology
Long
Updated

MU - Micron staging for triangle breakout

497
Micron has gone through few weeks of consolidation after good run in 2017.
Potential breakout from triangle with Reward over Risk > 2.
Currently, It's Oversold and showing growing volume indicating BULL is coming back.
Breakout also seen at Bollinger Band indicator..
Target is around $56.

Suggest partial buy at breakout.

Trade closed: target reached
Target hit...

Disclaimer

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.