Technical Analysis for
MU (Micron Technology Inc.)
Weekly Chart Analysis:
- The weekly chart indicates a strong bullish trend, resembling a "bullet train," with prices consistently above the five exponential moving average (EMA).
- Bullish momentum appears to be continuing, with the price hovering near a key support level at 106.
Daily Chart Analysis:
- On the daily timeframe, we observe a significant support level near 106, reinforcing its importance.
Four-Hour Chart Analysis:
- Entry opportunities may come up on the four-hour timeframe, especially within the buying zone ranging from 80 to 111.
Conclusion:
-
MU exhibits a strong bullish trend on the weekly chart, supported by price action above the EMA..
- Entry opportunities can be explored within the buying zone of 80 to 111, with confirmation signals awaited on the four-hour timeframe.
Thoughts? Leave your comments below!
Weekly Chart Analysis:
- The weekly chart indicates a strong bullish trend, resembling a "bullet train," with prices consistently above the five exponential moving average (EMA).
- Bullish momentum appears to be continuing, with the price hovering near a key support level at 106.
Daily Chart Analysis:
- On the daily timeframe, we observe a significant support level near 106, reinforcing its importance.
Four-Hour Chart Analysis:
- Entry opportunities may come up on the four-hour timeframe, especially within the buying zone ranging from 80 to 111.
Conclusion:
-
- Entry opportunities can be explored within the buying zone of 80 to 111, with confirmation signals awaited on the four-hour timeframe.
Thoughts? Leave your comments below!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.