Micron Technology, Inc.
Panjang

Bullish flag Pattern on MU

591
It appears there is a Bull flag occurring in MU. Weve seen an 82% rise since the lows caused by the market drop in April and our now seeing a slight retraction back into the 21 EMA. Price is currently at 118.6 with some support at the 114 level. Using a Stop Loss just below this support level should it break and using the first target of 150, just below all time highs yields a risk reward ratio of 1:4.5.

Penafian

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