MU Update: Ready to Test New Highs?
Continuing from my last two ideas on 
MU , the double-bottom formation still has potential. There's an unclosed gap around $123 that should be closed, and I see similarities between the earnings surge back in March and the current one in September. If this plays out, my price target is $137.13, with a possible test of the all-time high at $157.
My Trade Plan: I'll be looking for a retest of the 150-day MA for support before entering, aiming for ~20% profit. However, it's crucial to monitor the volume closely.
What are your thoughts? Are you bullish or bearish on MU, and where do you see it heading next?
MU , the double-bottom formation still has potential. There's an unclosed gap around $123 that should be closed, and I see similarities between the earnings surge back in March and the current one in September. If this plays out, my price target is $137.13, with a possible test of the all-time high at $157.My Trade Plan: I'll be looking for a retest of the 150-day MA for support before entering, aiming for ~20% profit. However, it's crucial to monitor the volume closely.
What are your thoughts? Are you bullish or bearish on MU, and where do you see it heading next?
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。