Micron Technology (
MU) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past seven year, Micron Technology has been respecting a pretty clear rising channel pattern. With the recent all time high breakout, it is very likely that this level is now holding as support and we will eventually see a rejection and new all time highs.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
MU) is retesting massive support:Click chart above to see the detailed analysis👆🏻
For the past seven year, Micron Technology has been respecting a pretty clear rising channel pattern. With the recent all time high breakout, it is very likely that this level is now holding as support and we will eventually see a rejection and new all time highs.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Trade ist aktiv
Trading update on Micron Technology (MU):Click chart above to see the detailed analysis👆🏻
Boom, Micron Technology taking off and creating a monthly candle of +30% so far, exactly as mentioned in the analysis above. Quite likely that this strong momentum will continue and we will even see a retest of the top of the rising channel pattern. It is just simple technical analysis.
Levels to watch: $180
Keep your long term vision,
Philip (BasicTrading)
Trade geschlossen: Ziel wurde erreicht
Trading update on Micron Technology (MU):Click chart above to see the detailed analysis👆🏻
With yesterday's massive tech selloff, Micron Technology is now back at the major horizontal structure support. However it is still more likely, that we will see another bullish rejection away from here, perfectly following all of the previous cycles as well as the channel pattern.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.