RS3175

MU Going Up for A Couple of Weeks

Panjang
BATS:MU   Micron Technology
64 is an important support level for MU. This has acted as a resistance level during the peaks of Nov 2022 and Jan, Apr and May 2023. Most recently, MU had tested this level in end Sept and bounced from it.

MU is also in a symmetrical triangle formation.

A bullish harami formed on 27 October.

MU should go up to at least 72 where there is another resistance level.

Penafian

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