$MU | WEEKLY WATCHLIST 12/6Momentum curling over which is what we want to see. Looking for W2 for a MAJOR buying opp. Stay patient friends.
MTE trade ideas
Micron Technology for short term respite. MUFibtime suggest a drop over the next month to month and a half. This is a guess as markets can never truly be timed. Time after all is not a continuum and has ebbs and flows like a river. We just simply do not notice them. Here believing end of an A within a B within a B. Divergences happened, momentum shifting, 5 Wave impulse confirmed. 0-2 line not shown, but we are certain to be heading down on this one.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
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.
$MU Long Term ChartOutlook on a longer timeframe. We should see a healthy pullback soon but if not these are the levels I’ll be looking at.
$MU Long into EarningsTake Profits at the major Support Level. Earnings around Dec 17 so looking at long call options to ride the volatility.
$MU | WEEKLY WATCHLIST 11/29No changes from last week. Still waiting for larger degree wave 2 before buying in.
MU breakout continuation Even ok the short week MU consistently tried to move. I’m following the orange levels up to ultimately test the ath. Break of that we may move.
MICRON BAG, IM BACKMicron fkn moon, s/o whoever bought the dip. Swing ideas coming soon, been busy. LETS GETS THIS FCKING BAG fr printed on Micron LFG.
Micron Technology MU - bullish countIs this a little too optimistic? This count suggests that this stock is shaping up for a good run as a 5th wave, perhaps after a wave 2 correction within it.
MU - Break, Back test, Rally and the current Challenge85$ is the challenge now.
Added to watchlist
I do not recommend buying or selling MU stocks.
$MU | WEEKLY WATCHLIST 11/22Swing execution plan still remains the same. Micron just decided it wanted $80+ first. Still seeing this initial impulse as a wave 1 and looking for a wave 2 below. Since wave 1 was larger than I expected, I have adjusted my count for waves 2,3,4 and 5 to accommodate this change. (much larger 5 waves up)
11/21/21 MUMicron Technology, Inc. ( NASDAQ:MU )
Sector: Electronic Technology (Semiconductors)
Current Price: $83.03
Breakout price trigger: $83.80
Buy Zone (Top/Bottom Range): $81.00-$78.00
Price Target: $89.00-$90.00 (1st), $95.00-$97.20 (2nd)
Estimated Duration to Target: 45-49d (1st), 60-64d (2nd)
Contract of Interest: $MU 12/17/21 82.5c, $MU 1/21/22 85c
Trade price as of publish date: $3.75/contract, $4.80/contract
Micronback test on the move.......................................................................................
Micron (MU)Global growing trend and strong penetration of a local resistance trend line is a good signal for further growth of MU. Nearest resistance is $81 - upside ~ 8.5%. Stop limit is $70 (-4%). Profit/loss ratio is 2:1. Reaching first target recomend to close 70% of positon and hold other one to rqach $84, $88 and $94 closing 10% of initial volume every point.
Micron - Buy the LowWhile other semiconductor companies are rising (such as AMD & NVDA), Micron is dropping by a huge extent. Down from almost 100 to 70, I think it's a decent opportunity to buy low and be prepared to sell high. Purchasing from $70, and aiming for $81 - $83ish level for a profitable gain :D
- By Kujo Qtaro
this chart is beautiful😌very nice rally after a downtrend breakout here on MU ! today we are approaching a big resistance zones on the RSI and chart.
We can break resistance and continue a rally to all time high next week, but I think we will most likely see a few more weeks of consolidation first so the RSI can cool off.
please like and follow if you enjoy my analysis, thank you🚀
$MU | TRADE IDEAUpside looks limited from here. Expecting us to pullback into a corrective wave 2 into a very buyable dip around $70. Be patient on this one, it's only getting started.
$MU | WEEKLY WATCHLIST 11/15 Not much has changed for me here. Still a very significant wedge breakout. However, I need to see a small wave 2 dip for me to buy into this for a swing. Staying patient on this one until risk/reward is in our favor.
MUMicron is a long based off the technical breakout on the weekly timeframe.
Targets lower 80 area and above there possibly 100.
Chips have been running like crazy, does it continue?
