Micron looks to have formed the cup and is now forming the handle. We will see if this pattern holds this week. Breaking out of this handle to $65 followed by a small pullback to $60-$63 would be a strong buy signal.
Note
Still holding at support, so I believe the pattern is still valid. The handle looks to be forming a triangle, an upward breakout would be a bullish sign. Still waiting to see how this plays out before buying in.Order cancelled
Forgot to update earlier, but breakout from handle never happened so no buy in (soon after the market dropped)
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.
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.