timmyarens

Is MU ready for all time highs?

NASDAQ:MU   Micron Technology

$MU is looking to break out into all time highs from its previous highs back in 2000.

MACD still looks strong but volume is my only concern. RSI still has room to grow but starting to reach overbought levels.

Put/Call Ratio for the coming week is .32 and .30 for the following week. This indicates money is expecting an increase in price.

If it breaks out look for the 1.382 Fib level for a possible target.

Keep your eye on $MU as it will definitely be on my watchlist this coming week.

Market is closed tomorrow due to MLK day.

Leave your thoughts below in the comment section. Best of luck traders!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.