MU ascending triangleOn the chart we can see an ascending triangle which is a bullish pattern. Therefore we can expecting the break out to the up side. How to trade: trade a break out with the volume increase in order to avoid trading false break out. Target is shown on the chart.Longby vf_investment4
MU - try to find entry pointNASDAQ:MU - 12 year chart. 1.Below AVWAP from the low of 2016 is not taken. 2. 10 month consolidation in $$ 49-65 range 3. Price is back in a multi-year rising channel and is trading not too far from its lower boundary 4. Is near the upper boundary of the descending channel with a high in January 22 5. Trades near the AVWAP from the highs of 2022 6. RS on the weekly charts is moving into positive territory. 7. Well all memory manufacturers have announced price increases. In case of consolidation above $68 we can look for an entry point into the stock. I do not exclude a pullback into the 60-62 range after AVWAP breakdown. Stop calculation (mandatory) will need to be done depending on entry point and position size. This is not an investment idea Longby kovpups1
MU still rounding out nicelyMU is still rounding out nicely. Nice bounce off the daily 200. Might be worth a small starter and watch for a break of 65.Longby underline80
$MU rejection zoneNASDAQ:MU continues to reject the line, hasn't made a move similar to AMD or NVDA. This one is seriously lagging.Longby NoSleepTrader0
RectangleHorizontal trading range. There is an ABC/D pattern within the rectangle. Price is at resistance of the rectangle. No recommendationby lauralea331
$MU stabilizing at $62I see Micron settling in at around $62/share. I am curious how it is benefiting from the continuing pressure around Taiwan and that impact on $TSMC.by JonathanMillsPatrick0
$MU consolidaton66 big level hit 5 times consolidation after huge gap down huge uptrend potential and maybe new higher highs swing calls 1 to 2 months out Longby repirals2
MU Micron Technology Options Ahead Of EarningsIf you haven`t bought MU on my last signal: Then you should know that looking at the MU Micron Technology options chain ahead of earnings , I would buy the $60 strike price Puts with 2023-5-19 expiration date for about $3.60 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 5
$MU D$MU D, s/r flip here on the daily. Ideal scenario would be small consolidation into breakout after earnings move upby rngdtg0
$MU: NOW WHAT?$MU has been trading in this range since weeks but recent price movement was extremely bullish which may result in a breakout of this range and so printing new highs. I will keep updating this so make sure you follow me.by dogofwallstreets4
$MU with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $MU after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.Longby EPSMomentum0
MU Likes Double Tops MU has shown some great double tops and here are three examples, each with their own red arrow I expect price to retract to the strong trend line , rather than form a support at the previous double top line. Just a small breakdown but one to be noted.by Bixley0
Micron Technology: Short Under 57$I'm planning a short trade on Micron ( NASDAQ:MU ) for 1 week. The idea after the first "signal" obtained last monday was to see a retraicemente and then a new trigger. Better to trade beyond 57$. Then today I have one of my fovourite trigger, thanks @ArduinoSchenato I'll buy some Turbo24 short certificates by IG.com. Target is 53$. --- ITA Ho pianificato il un trade short su Micron già da una settimana. L'idea dopo un primo segnale avvenuto lo scorso lunedì era proprio quella di vedere un recupero e un nuovo segnale, meglio se con chiusura sotto i 57$. Oggi quindi il prezzo mostra quanto avevo pianificato con uno dei migliori trigger che uso sull'azionario. Thanks @ArduinoSchenato . Domani quindi potrei tradare short questo titolo, attraverso l'acquisto di certificati Turbo24 di IG.com. L'oiettivo è la zona 53$. Shortby damianozito2
Take-Off for Micron Technology📈 above all moving averages has just broken through the decending trendline bullish seasonality Expecting the price to rise in the next weeks and months. Longby p4917Updated 224
RectanglePrice appears to be in a horizontal trading channel. 2 touches to the bottom line and 4 touches to the top line. This is a neutral pattern until broken. No recommendation by lauralea3
micronI see double top pattern on MU at 64.8s level. After strong bounce from it 200MA I assume it could retouch that level. I am waiting until see touch. Shortby orkhanrustamovUpdated 1
Overhead Supply on the 1-hour chart for Micron?Pretty sure those that bought higher are now going to be looking for a way out here on Micron. $NVDA earnings and recent downgrades in the industry should prove to be enough.Shortby D1Finance222
$MU Trade Idea - Wedge breakout on the week with a hammer $MU Trade Idea - Wedge breakout on the week with a hammer Calls over $58.57 Targets: $59.66, $61.38, $63.10(Gap fill) Puts under $56.76 Targets $56.36, $55.28, 54.71(Gap fill) NASDAQ:MULongby Solidified2
$MU with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MU after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%. Longby EPSMomentum0
Micron Tops & BottomsAs the title indicates, here are the tops and bottoms for Micron on the Daily time frame. Micron kind of trades like a commodity, lots of chatter going around about the memory chip market bottoming. Micron earnings don't look great in the near term, however, they have solid fundamentals like cash flow, a dividend, and a big market share. I expect the recent double bottom to play out as the auto-pattern recognition thing indicates. I say this because I like $80 as a price target and I've even called the same price target last year and nearly pinned it to the dollar. Not saying i'm a chart genius maybe it's just Micron is not hard to read from a technical standpoint. It's strong fundamentals leave you with a stock that has a lot of potential and margin for loss is fairly low. I saw buy for the long term.Longby DontSlamTheDoor111
Elliot Wave (auto) Micron MUHere is the auto-elliot wave pattern applied to Micron. by DontSlamTheDoor1
A Technical Analysis on Micron Technology I did a week ago This was an idea I did more than a week ago about Micron Technology . So far so good. I think after that textbook double bottom we are in for testing the high and see whether it will act as a resistance or are we going for the 60-70$ level. The fundamentals look okay, the company is heavily investing in R&D, so the outlook for 2023 is bright. I would love to hear your thoughts. What do you think about the trade?Longby RickHardyPro1
Micro Technology (MU) Short Idea! Micron Technology (MU) short-sell potential: Micron is under pressure today, trading down 4.70% after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts. Micron's results were impacted by declining demand for electronics, and the company announced it will cut about 10% of its workforce. Price action has been trending to the downside, following a couple of double top formations playing out technically. Most recently, a neckline breach around $50.55, watch for a retest, ahead of further potential selling. Targets eyed at $38.55. Shortby Blokestrading0