Micron Technology
Long

ABC Bullish Earnings 9-29 AMC Falling Wedge S Triangle

135
Possible stop below 42.2. Small gap below price that may fill
Falling wedge is also noted but I forgot to draw it ..sorry. MU broke up from falling wedge when it gapped up. Falling wedge upper trendline is 46.95 and possible support there
Falling wedges are often bullish at the bottom and can signal a reversal
MU also broke up from a symmetrical Triangle at 46.75. Targets for S Triangle are 53.7 and 60.3
Considered a vlaue stock and is usually not a volatile stock to own.
Very bullish chart but possible small pull back to fill gap below price
NV is rising
Short interest low
Earnings are soon

Not a recommendation

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