NASDAQ:MU * expecting 5 % up from the support zone/trendline * its like triangle breakout also * swing trader * my entry - 62.50
Taking support at trendline and likely to test 68 to 69 in a couple of months! trade with caution! SL 58
My Level: Short off $73.50 We have 20D SMA and previous day’s high also I wrote down had poor guidance. Has some nice consolidation on the daily which lines up with 20D SMA. The high today was 73.30 lines right up with the 20D SMA, and I think this could be a real good fade in the morning
Trade given on NASDAQ stock exchange MICRON TECHNOLOGY hit our first level of wd gann see if it hits another level or reverses from here.
MU is bearish today. let us see what happens next.
MICRON TECHNOLOGY, AFTER A FALLING WEDGE BREAKOUT @ 42.20, IT ABLE TO HIT TOP TARGET PRICE TILL 49.89 AND IN TODAYS SESSION IT ABLE TO CROSS THE PREVIOUS TOP LEVEL @50 (CAN BE CONSIDER AS AN DOUBLE TOP BREAKOUT ALSO IF WE CONSIDER LAST SESSION TOP AS AN DOUBLE TOP. SO AS OF NOW STOCK HAS GIVEN A BREAKOUT @ $50 AND IF IT SUSTAIN ABOVE LEVEL 49 ON CLOSING BASIS...