Micron Technology - The perfect chart!

is one of these stocks, which just respects every level, cycle and structure.

If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs.

Levels to watch: $90

Keep your long term vision,
Philip - BasicTrading

노트

Quick update on Micron Technology:

Didn't even take two full months for Micron Technology to follow my reversal analysis. Now we saw the anticipated correction and are back to a strong support level. We need bullish confirmation first before we can say that the bearish drop is over...

Levels to watch: $90

액티브 트레이드

Quick update on Micron Technology:

Micron Technology corrected more than -45% in less than three months, perfectly following the anticipated correction away from the channel resistance. With the current break and retest, I do expect a bullish reversal and a move higher from here.

Levels to watch: $90

Click chart above to see the detailed analysis👆🏻

액티브 트레이드

Quick update on Micron Technology:

Micron Technology is literally one the best stocks, perfectly rejecting structure and now heading for new highs. After the quick flash crash, we saw a beautiful reversal at the horizontal support and then the continuation of the overall bullish trend.

Levels to watch: $150

Click chart above to see the detailed analysis👆🏻

액티브 트레이드

Trading update on Micron Technology (MU):

Click chart above to see the detailed analysis👆🏻

If Micron Technology once again retests the previous all time highs, this will present another very bullish buying opportunity. Following the previous cycles, it is quite likely that Micron Technology will once again retest the top of the channel pattern soon.

Levels to watch: $90, $180

Keep your long term vision,
Philip (BasicTrading)

액티브 트레이드

Trading update on Micron Technology (MU):

Click chart above to see the detailed analysis👆🏻

Micron Technology is once again perfectly retesting the previous all time high, which already acted as support once. But maybe, Micron Technology might even break lower and eventually retest the bottom of the channel. Wait for bullish confirmation here.

Levels to watch: $90, $180

Keep your long term vision,
Philip (BasicTrading)

액티브 트레이드

Trading update on Micron Technology (MU):

Click chart above to see the detailed analysis👆🏻

And boom! After creating bullish confirmation on the smaller timeframes, MU is up 14% this month, perfectly rejecting the previous horizontal structure. Hopefully you followed along with all the analysis and as you can see, trading itself is not complicated at all.

Levels to watch: $170

Keep your long term vision,
Philip (BasicTrading)

거래청산: 타겟 닿음

Trading update on Micron Technology (MU):

Click chart above to see the detailed analysis👆🏻

Finally Micron Technology is once again retesting the previous major horizontal support, creating a very bullish all time high break and retest. Now it is time for bulls to show their strength and if we see bullish confirmation on the smaller timeframes, this will most likely turn into a textbook trading setup.

Levels to watch: $90

Keep your long term vision,
Philip (BasicTrading)

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
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TheTraderPhil

#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

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