Micron Technology (MU) stock is experiencing a slight pullback, recently trading near $979 following a surge driven by a massive $250 billion U.S. manufacturing and research investment commitment. The stock faces mild pressure from profit taking and the historic Nasdaq debut of its rival, SK Hynix.
Technical Outlook:
Stock recently broke below the trend support line, at $1,035, after a few months of bullish surge. Price is currently making a retest of breakout, in respect of the structure. We are anticipating a short term sell at this point.
Key Outline:
A confirmed bearish retracement, activates a sell position down to $843, as next possible support.
Thanks for reading.
Technical Outlook:
Stock recently broke below the trend support line, at $1,035, after a few months of bullish surge. Price is currently making a retest of breakout, in respect of the structure. We are anticipating a short term sell at this point.
Key Outline:
A confirmed bearish retracement, activates a sell position down to $843, as next possible support.
Thanks for reading.
İşlem aktif
Hold your position to the target!İşlem kapandı: hedefe ulaştı
Target favorably achieved!Thank you for following.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.