Long

MU saw some people on Bezinga Stream floundering on this..

Updated

This shows MACD Bullish Divergence and thats to $92. My path shows to $120-128. Chart looks really. Good. I used the Cloud this time to find the same move in the past. As i think its more reliable when you can find price action dip into the cloud the same way and with the same kind of candles that have been painted. I customized this Cloud way out of wack from the standard I dont know what possessed me to use the settings I have but It has been very reliable.

by iCantw84it
07.30.2021

Note

See this gap down.. This is a move the institutions will do to get over a huge resistance point to get to cheaper shares or to get over a threshold to expedite things in their favor. I believe its done by doing a bearish sweep of all the orders in the way all in one go by coordinating with the Market maker. Then letting retail fomo in to take it down even further. the wick at the bottom is institutional buying soaking up the float as the fomo kicks in. The resistance will be at the bottom of this path on the way back up. it will need to gap over it or have a huge amount of retail support to get back in.

if it doesnt it will just bounce off it and ride it up until it does or continue sonsolidating sideways or down

iCantw84it

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