Micron Technology stock formed a new all-time high, but then pulled back sharply by nearly 15%. In our primary scenario, MU should resume its advance shortly and form a high at even higher levels. Alternatively, the recent peak may have already marked the top. In that case, the stock would already be in a downward move (probability: 32%). This alternative scenario would be triggered by a break below the support at $328.20.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.