NYSE:MU - ELLIOTT WAVE ANALYSIS: 22 NOV, 2024 - BULLISH
©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M.
I see that an ABC-grey probably just completed recently at the 84.12 low, and the corrective waves are followed by motive waves, so I expect a much higher push in this stock.
Looking closer, I see that the 1-grey and 2-grey waves just completed at 95.53 and it looks like the 3-grey wave is unfolding. It is subdividing into ((i)),((ii))-navy. And after the ((ii))-navy wave is over, we can go long towards the ((iii))-navy wave.
While price must remain above 95.53 to maintain this view.
Key point: Wave B of wave ((ii))-navy.
I see that an ABC-grey probably just completed recently at the 84.12 low, and the corrective waves are followed by motive waves, so I expect a much higher push in this stock.
Looking closer, I see that the 1-grey and 2-grey waves just completed at 95.53 and it looks like the 3-grey wave is unfolding. It is subdividing into ((i)),((ii))-navy. And after the ((ii))-navy wave is over, we can go long towards the ((iii))-navy wave.
While price must remain above 95.53 to maintain this view.
Key point: Wave B of wave ((ii))-navy.
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