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 THEN IT CAN LOOK TO REACH THE UPPER ZONE TILL 57-58 IN COMING DAYS...
ABOVE STUDY IS AS PER WEEKLY CHART.
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AS MENTION DOUBLE TOP BREAKOUT, STOCK MADE 54.70 ALMOST.
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55.83 DONE TODAY
Trade chiuso: obiettivo raggiunto
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final target given 58 it made 61.17 today so all done.