Short $MU CMP $72.14Short $MU CMP $72.14. Failed to claim 50 EMA. Downtrend continuation. MACD histogram turning negative. Bearish Pennant pattern. Possible short target $58-60
MU trade ideas
MU - Bull flag⬆ BULL FLAG
Price $68.02 (AH 10.20.2021)
Target $77.57/ 84.92/ 96.82
Long term $116.08 (7 months)
Stop loss $65.67
IMO
In wait to gainWe have been watching this action for a long time. Everything is fundamentally positive for it. The semiconductor crisis is good for it. The products are in demand.
Technically it will soon be possible to look for a long position. I recommend to look to buy when it gets above the 69 level. Further growth to $100 per paper. (43% Upside).
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MU. Dump or Pump?The last time we hit $97 we had an absolute dump... This time it could be different. We actually have strong support that could hold. My box is the level to hold and im expecting it to be broken and regained for a move up. I will layer in the box with a wide stop loss.
MU daily wolfe wave setup identifiedThere is a wolfe wave setup on the Daily min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 74 which is expected to reach this price target within 14 days.
MU Acceptance at 66.23 May Bring the Next Leg up to 69.02NASDAQ:MU
The lines represent the price level that has been traded upon or will be traded.
The more it hit the line, the stronger the level.
It can be use to set profit taking price or stop loss price.
Every level is of same significant until order flow trades upon it.
DYODD.
Possible scenario for stock $MUI was responding to a question where someone asked my opinion about this stock. So, here's my thoughts - If it can maintain $68-69 as support (and the market doesn't tank LOL), this might be a great buy. Why? On the daily chart a bullish harmonic presented along with a subsequent descending wedge. It just bounced off the $69 iceline, as it did last month and Dec '20. I'm thinking it will break out of the descending all-time-high supply line to the upside, where long-term it could see $97 or higher, a 40+% gain from the iceline.
Feel free to share any thoughts!
-House
$MU with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MU after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Watch MUMU daily looks really nice, hoping to see it break out of this wedge pretty soon.
I like calls once it can break and close above $74 resistance level, my first target is $80.
A breakthrough of 80 resistance, MU can test 83, 86 resistance levels next.
MuLost long term suport and rising wedge support howver we tapped falling wedge support and bought back up to long term support again
Super tricky spot. Is
It
Gearing up for a hige move up or down?
Im feeling frisky! Long! Well see as long as it holds above 68$
Micron earnings outlook Bunch of things going on here. The first thing I notice is the huge cup formed on the monthly from 1999- 2021.
Since April you can say we have formed a handle for that cup.
On the weekly you have a double bottom that's playing out and the handle for the cup could also be use for this double bottom.
So obviously the patterns are bullish, the only question is will MU break out of the handle this time around or take one more trip down to 60$ ?
Let's see
MU Descending broadening wedgeUpside 100+ new ATH and a breakout of 2000 TOP
Take a look at the big picture and buy and hold by next March-May, I expect a new ATH.
Micron tehnologie :wait and seeMicron tehnologie in weekly is still bulish and in consolidation phase.
In daily the trend is bearish, but the correction is stopped for the moment by the last range.
If we cross this range and break the resistance 75.95 and 77.11 we can hope the change of direction. Other way we continue the bearish trend
For the moment wainting and see
Long MU into end of yearLooks like a good earnings(09/28) long play for Jan 22 near the money calls
Watch a break out of the downtrend wedge/ earnings can be the trigger
MU - consolidating , possible falling wedge pattern Micron looks to be consolidating on the daily chart heading into earnings Tuesday after market. The POC - (point of control) could be target $80, after earnings with 8% move expected.
The Oct 1st options data shows a put/call ratio at .55 . The Oct 15th $75 and $80 calls have over 28000 Open interest.
Looking to go long breaking above $75
MU - SwingOtro trade que me gusta mucho, MU a largo plazo. Lo que veo solo es a nivel técnico.
Me gusta mucho como rechazo la zona anterior y que ya la EMA de 50 se monto por debajo de los wicks.
TP 1 - 76
TP2 - 78.5
TP 3 82
TP4 en 84.64 que es la zona superior
MU Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
MU or MICRON TECHNOLOGY Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
MuHave been watching this guy for a while. Huge rising trend support. Massive correction. Huge falling wedge. This week has been due or die for Mu. It needed to hold 70$ support. So far got a beautiful pop off that support. Key resiatxne is above 83$ for a large easy swing to potential 108$. However the breakout of the wedge is around 78.90$. We have a shit ton of resiatnce in the range from 70-78$ which may be a struggle to clear. However as long as we hold down to 70$ range this could be gearing up for a massive move
Daily 20ema is at 72.51 which we have so far popped above. Is this setting up for a big big move?! Or will the resistance above be too much to overcome? Find out next on stock week! Lol!!
Trade safe use risk management Good luck!!
Micron is in a downtrendMicron is in a downtrend.
If we cant make a higher high to break the trend, we continue this trend down.
55.Since it did reach 55. in February supply has been taking over. And the only time it did since showed some buyers interest was when it tested 85. where it showed the whole time it was there major supply presence. A break under the 70. area on maintained supply would give even more confident confirmation that it is moving toward the 55. area.
On the weekly we can see how the 83. area has been a responsive zone for the last 10 weeks. Especially when after these 10 weeks of price testing it and showing demand weakening it dropped to the 70. area on heavy supply closed on a bearish engulfing.
So would not consider any serious buy unless it would break upside 84. showing major SOS.
Considering that a retracement could go to the 75. area before seeing any further drop, which would be good since it could provide a even better sell entry with a tight stoploss.
MU BullThesis: Touched bottom of channel and working back towards top line. Could be that big players drove this down and got in cheaper before earnings. Semis look good.
Trigger: >$74.75 w/ high rel vol
Trade Vehicles:
Degen: 9/17 $77.5C @$0.37
Conservative: 10/18 $80C $1.28
