$MU Long Term ChartOutlook on a longer timeframe. We should see a healthy pullback soon but if not these are the levels I’ll be looking at.
MU trade ideas
$MU Long into EarningsTake Profits at the major Support Level. Earnings around Dec 17 so looking at long call options to ride the volatility.
$MU | WEEKLY WATCHLIST 11/29No changes from last week. Still waiting for larger degree wave 2 before buying in.
MU breakout continuation Even ok the short week MU consistently tried to move. I’m following the orange levels up to ultimately test the ath. Break of that we may move.
MICRON BAG, IM BACKMicron fkn moon, s/o whoever bought the dip. Swing ideas coming soon, been busy. LETS GETS THIS FCKING BAG fr printed on Micron LFG.
Micron Technology MU - bullish countIs this a little too optimistic? This count suggests that this stock is shaping up for a good run as a 5th wave, perhaps after a wave 2 correction within it.
MU - Break, Back test, Rally and the current Challenge85$ is the challenge now.
Added to watchlist
I do not recommend buying or selling MU stocks.
$MU | WEEKLY WATCHLIST 11/22Swing execution plan still remains the same. Micron just decided it wanted $80+ first. Still seeing this initial impulse as a wave 1 and looking for a wave 2 below. Since wave 1 was larger than I expected, I have adjusted my count for waves 2,3,4 and 5 to accommodate this change. (much larger 5 waves up)
11/21/21 MUMicron Technology, Inc. ( NASDAQ:MU )
Sector: Electronic Technology (Semiconductors)
Current Price: $83.03
Breakout price trigger: $83.80
Buy Zone (Top/Bottom Range): $81.00-$78.00
Price Target: $89.00-$90.00 (1st), $95.00-$97.20 (2nd)
Estimated Duration to Target: 45-49d (1st), 60-64d (2nd)
Contract of Interest: $MU 12/17/21 82.5c, $MU 1/21/22 85c
Trade price as of publish date: $3.75/contract, $4.80/contract
Micronback test on the move.......................................................................................
Micron (MU)Global growing trend and strong penetration of a local resistance trend line is a good signal for further growth of MU. Nearest resistance is $81 - upside ~ 8.5%. Stop limit is $70 (-4%). Profit/loss ratio is 2:1. Reaching first target recomend to close 70% of positon and hold other one to rqach $84, $88 and $94 closing 10% of initial volume every point.
Micron - Buy the LowWhile other semiconductor companies are rising (such as AMD & NVDA), Micron is dropping by a huge extent. Down from almost 100 to 70, I think it's a decent opportunity to buy low and be prepared to sell high. Purchasing from $70, and aiming for $81 - $83ish level for a profitable gain :D
- By Kujo Qtaro
this chart is beautiful😌very nice rally after a downtrend breakout here on MU ! today we are approaching a big resistance zones on the RSI and chart.
We can break resistance and continue a rally to all time high next week, but I think we will most likely see a few more weeks of consolidation first so the RSI can cool off.
please like and follow if you enjoy my analysis, thank you🚀
$MU | TRADE IDEAUpside looks limited from here. Expecting us to pullback into a corrective wave 2 into a very buyable dip around $70. Be patient on this one, it's only getting started.
$MU | WEEKLY WATCHLIST 11/15 Not much has changed for me here. Still a very significant wedge breakout. However, I need to see a small wave 2 dip for me to buy into this for a swing. Staying patient on this one until risk/reward is in our favor.
MUMicron is a long based off the technical breakout on the weekly timeframe.
Targets lower 80 area and above there possibly 100.
Chips have been running like crazy, does it continue?
$UPWK $AAL $MU $UBER I OptionsSwing WatchlistUPWK 1W I UPWK massive ascending triangle on the weekly chart. After reporting earnings it came down to test our trend and this seems like a great entry to go long.
MU 1D I Micron is uniquely positions to speed up 5G across all parts of the spectrum. MU is currently breaking out from the bull flag we highlighted last week.
AAL 4H I AAL is showing us another entry to go long here. Setting a stop below $19.50. Looks like $20 will hold and it would be great to start seeing higher lows.
UBER 2H I UBER retested the breakout from the bullflag and it is now making a double bottom near $43. We have resistance near $46 and $48, and support near $44.
$MU - still running ALL DIPS A BUYI expected us to already see a flush , but it doesn't look like that is going to happen unless serious market weakness. This thing is looking to make a move to 90 soon. ALL DIPS ARE A BUY
After 200 days we can see a breakout | MUToday we will take a look at Micron Technology, a company that engages in the provision of innovative memory and storage solutions. Time to check the Technical elements on the chart:
1) From 2018 until November 2020 the price was inside a massive range until we saw the breakout of it and a 50% bullish movement from that situation towards the top of the bullish impulse
2) From April until today the price has been consolidating on a clear corrective pattern where we can define both top and bottom edges
3) How can we know that the structure is finished? Two reasons here: first we have clear edges (previous item) and second the structure has made contact with a key level, in this case, the ascending trendline.
4) Now we have a breakout of the corrective pattern. Remember that Technical Analysis is a statistical discipline, which means that we are never gonna have certainty about a situation. However, we know that if we engage in quality situations over certain periods, we will be able to observe consistent results.
5) We are not taking setup on this stock, (we already have exposure on other assets). However, it's an interesting situation to wait for a throwback (retest of a broken structure). IF that happens, we have defined an activation level as you can see on the chart (ALWAYS ABOVE THE TRENDLINE)
6) Depending on how aggressive is the setup you are taking, the invalidation level can be: FIRST below the whole structure 65.00 / SECOND below the throwback (this setup provides a massive risk to reward ratio, however, is prone to a quick stop loss)
7) Targets: IF I would be executing a setup here, I would protect my setup once the price reaches the previous top, which shares a major resistance zone that you can see on the weekly chart (2% below that, I want to be risk-free) / Now, the places to close setups on profit can be the first or 2nd Fibonacci extension. The expected duration of a movement like this may be between 200 to 300 days.
8)RISK: This is the formula I use to trade: I never have more than 5 setups at the same time NEVER EVER. And the maximum % of risk I take on any setup is 3% (ONLY with a STRATEGY THAT YOU HAVE a lot of EXPERIENCE WITH). Let's understand this better, most of my setups happen on the daily chart, which means that time resolutions are between 2 weeks to 3 months. Another rule I use is that my setups must happen on uncorrelated assets example: NFLX / BTCUSD / XAUUSD / FCX / AMZN. So my worst-case scenario is losing all at the same time which means a -10% to -15%. That's more than acceptable for me. And the most probable thing is that I would be able to open 4 to 5 new setups 1 to 2 months later. That's why this type of trading style is so secure. Even in apocalyptic scenarios, you would face a manageable loss, and it will take you time to develop new setups (you avoid impulsive trading)
Thanks for reading! Please feel free to share any idea about MU, in terms of technical or fundamental analysis.
