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MICRON TECHNOLOGY INC CEDEAR EACH 5 REPR 1 COMMM

MICRON TECHNOLOGY INC CEDEAR EACH 5 REPR 1 COM

23.15USDD
0.000.00%
At close at Jun 12, 19:28 GMT
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MUD trade ideas

Micron Technology - Starting the next +80% move!Micron Technology - NASDAQ:MU - perfectly respects structure: (click chart above to see the in depth analysis👆🏻) Starting back in mid 2024, Micron Technology created the expected long term top formation. We witnessed a correction of about -60%, which ultimately resulted in a retest of a confluence of support. So far, Micron Technology rallied about +60%, with another +80% to follow soon. Levels to watch: $150, $180 Keep your long term vision! Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
8
MU at the Edge: Range Break or Bull Trap?Technical Overview 1. Price Action (Range-bound, Resistance Zone) The chart shows strong resistance around $117–$120 (highlighted in red). Price is now testing the top of this year-long horizontal range after a sharp rally off the lows (~$70). 2. RSI (Overbought Condition) RSI is above 77 – classic overbought territory. Historically, RSI spikes above 70 near this level have preceded short-term pullbacks. Divergence is not yet confirmed, but we are at a level where previous rallies reversed. 3. MACD (Momentum Peaking) MACD is strongly positive, but the histogram is showing signs of slowing momentum. 4. Volume (Not Convincing Yet) Volume has not exploded on the current move up, suggesting buyer exhaustion near resistance. Previous tops around this level saw higher volume spikes, which are absent now. What's next? If MU (Micron Technology) cleanly breaks above the $117–$120 resistance zone on strong volume and confirms a breakout, we are no longer just playing range-bound mean reversion — we’re talking trend continuation. So let’s project what’s in it for us on the upside. What Happens if MU Breaks Out? 1. Massive Base Breakout The stock has been consolidating in a broad 14-month horizontal range. A breakout from such a large base is fuel for a sustained trend — “the bigger the base, the higher the space.” That means the next leg could be powerful. 2. Fibonacci Extension Targets (From Previous Peak to Trough) Using $155 (previous high) and $65 (cycle low): Level Price Target 1.0 (prior high) $155 1.272 ~$170 1.618 ~$185 These extensions align well with the measured move, giving confluence around $170–$185. 3. Volume Confirmation Will Matter For this breakout to be sustainable, you’ll want to see: Volume spike RSI > 70 but holding MACD broadening, not crossing down A failed breakout would just become a bull trap. 4. Sentiment Can Add Fuel AI/semis are already in a macro bullish narrative. A fresh breakout could trigger: FOMO from institutions Short covering Options gamma squeeze Strategy If Resistance Breaks Buy on retest of $120 with stop just under the breakout. Aggressive entry can ride momentum, but needs tight stop under $117. First target: $135–140, Mid-term: $155, Final: $170–185 (if the full extension plays out). “Markets move based on perception, not reality.” A clean break above $120 changes perception entirely — from a range play to a trend breakout. If that happens with volume and conviction, you lean in, ride it, and trail stops like a sniper. Because when a stock clears a 14-month ceiling, it's not breaking out for nothing.
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by BenRoses
MU Monthly Chart – Support Bounce $65, Resistance at $97Micron Technology ( NASDAQ:MU ) delivered a textbook bounce in April — right off major monthly support around $65, which also aligns with a trendline dating back to 2015. This bounce came during a broader market pullback, and NASDAQ:MU showed strength with the overall market rebounded. Since then, price has climbed into a critical level of resistance/support at $97 — a key area to watch ahead of earnings on June 25th. Long-term trendline support from 2015 Analyst average target: $123 TradingView rating: Strong Buy Next resistance = $97 Major earnings catalyst in late June If NASDAQ:MU can break and hold above $97, that opens the path toward the $120 zone. If not, we could see a retest of lower levels post-earnings. 📅 Watch how price behaves around $97 leading into earnings.
N
by disciplinetradingteam
Micron pending a cup and handle break to the upsideNASDAQ:MU is looking at a strong potential reversal to the upside after completing its larger corrective three wave structure. Currently, we have a bullish cup and handle formation and there is a strong likelihood of a break above 99.05 immediate resistance. Momentum indicator is showing strong bullish upside ranging from short to long-term. Ichimoku has shown a three bullish golden cross formation. Near-term target is at 114.15 and longer-term target is at 170.00. Key support is at 84.00
NLong
by William-trading
Micron’s stock closed at $96.93: reflecting “Strong Buy”Micron’s stock closed at $96.93, reflecting a significant intraday gain of +5.03%. The technical outlook remains bullish, with consensus signals across key indicators: Supertrend and Moving Averages reinforce a “Strong Buy” stance. Oscillators align with bullish momentum: RSI(14) at 71.36 (approaching overbought but supportive of upward momentum). Momentum(10) at 20.05, Awesome Oscillator at +9.67, and CCI(20) at 205.30, all signaling sustained buying pressure. Ultra MACD maintains a positive trajectory, contingent on continued momentum. Fibonacci retracement identifies a critical support level at $89.00, serving as a base for upward revisions. Fundamental Considerations Financial Performance: Quarterly net income declined -15.35% YoY, though annual net income stands at $778M. Balance Sheet: Net debt of $6.8B warrants monitoring, particularly in light of cyclical industry dynamics. Market Sentiment: Fixed-range volume profile indicates diminishing participation, creating a divergence from rising price action. Analyst Consensus & Valuation Consensus rating: Buy (based on 28 analysts, per Refinitiv data). 12-month price target: $123.91, implying ~27.8% upside potential. Risk-Reward Assessment While technical indicators advocate for a long position, fundamental headwinds (e.g., margin compression, leverage) necessitate disciplined risk management. Key near-term catalysts include industry-wide DRAM/NAND pricing trends and execution on operational efficiency.
NLong
by BorsaMerkezi
Micron Technology - The Chart Is Still Perfect!Micron Technology ( NASDAQ:MU ) will reverse right here: Click chart above to see the detailed analysis👆🏻 If you actually want to explain technical analysis to somebody, just show them the chart of Micron Technology. Almost every structure makes perfect sense, with this stock respecting all major trendlines and horizontal levels and with the current support area, the bottom is now in. Levels to watch: $70, $210 Keep your long term vision, Philip (BasicTrading)
NLong
by basictradingtv
14
(MU:NASDAQ)A Massive Rally Could Be Ahead to Macrion Technology Over 200%+ Recoveries. 🔍 Overall Market Structure & Key Observations: Major Cycles & Price Movements: Pre-COVID Drop: Sharp decline (~49.29%) around Feb 2020, consistent with the broader market crash due to COVID-19. Post-COVID Rally: A massive +212.88% rally over 653 days, suggesting a strong recovery and bullish sentiment. First Major Correction: Followed by a -50.81% drop over 354 days—indicative of macroeconomic pressures and sector-specific weakness. Second Rally: Another impressive +228.51% rally over 541 days. Current Major Decline: The most recent bearish leg shows a steep -60.94% drop over 290 days, breaking key support levels. Support/Resistance & Price Targets: Gap-Fill Zones: Two "GAP FILLED" labels indicate prior gaps in price action have now been closed—this often precedes strong moves in either direction due to liquidity. Key Resistance Zones: $86.70: Likely a neckline or prior support-turned-resistance. $101.35 and $130.52: Marked as mid and upper targets in the potential recovery phase. Falling Wedge or Channel: Price seems to be in a falling wedge pattern, which is traditionally a bullish reversal pattern. Volume Analysis: Volume boxes (e.g., Vol 4.81B, 6.13B) are used to emphasize the strength or exhaustion of trends. The declining volume during the last downtrend suggests bearish momentum may be weakening, which supports the reversal thesis. Moving Average (Likely 200-Day SMA): Price is currently below this moving average, showing that MU is in a long-term downtrend—but potential for a reversal is present if the price can reclaim and hold above it. 📊 Technical Implications Bullish Potential: If the falling wedge confirms a breakout above resistance (~$86.70), a bullish target of $101.35 and eventually $130.52 is reasonable. Volume divergence (less selling pressure) and gap fills suggest the bottom may be in or forming. Historical symmetry in price rallies (over 200%+ recoveries) indicates that the stock is capable of massive upside once sentiment shifts. Bearish Risks: A breakdown below the recent low (around $61.52–$74.21) could invalidate the wedge and trigger further downside. Broader economic concerns (rate hikes, recession fears) could delay recovery. 🧠 Strategic Takeaways For Swing Traders: A breakout above the falling wedge and reclaim of $86.70 could trigger a long entry with a target at $101.35, then $130+. For Long-Term Investors: Historically, buying near these massive pullbacks (-50% to -60%) has yielded high returns, especially post-consolidation. For Risk Managers: Keep an eye on the $61–$74 level. If that fails, it could lead to capitulation. 🧮 Summary Table: Event % Change Duration Volume Notes COVID Drop -49.29% Feb 2020 — Market-wide selloff Post-COVID Rally +212.88% 653 days 9.21B Strong recovery 2022 Correction -50.81% 354 days 4.72B Fed tightening, macro pressure Mid-Term Rally +228.51% 541 days 6.13B Strong bull phase Current Correction -60.94% 290 days 4.81B Present leg, gaps filled, wedge base
NLong
by InsightMarket
1
Micron's Time to Be THAT Semiconductor is coming and FastNASDAQ:MU is extremely undervalued, I produced this chart last night. Its time that the market appreciates this monster with such solid fundamentals. Micron since 2022 has been working hard to become a major producer in the United States. I believe that Trump and his government could get behind the only major memory company to be based in the United States. ----------------------- Balance Sheet: Cash: $8.22b Debt: $11.54b Equity: $48.63b Total Liabilities: $24.42b Total Assets: $73.05b All Stated in $ USD ----------------------- Valuation: Price To Sales: 2.72 Price To Earnings: 18.30 Forward Price To Earnings: 6.84 -----------------------
NLong
by BullishCanadianInvestor
Micron Technology (MU): AI Powerhouse Trading at a 40% Discount!1️⃣ AI Boom: Micron’s advanced DRAM and NAND solutions are fueling growth in AI and cloud computing, with Nvidia’s ecosystem showcasing its critical role. 2️⃣ Analyst Targets: With 42 ratings averaging $131.47 and highs of $150, Micron offers over 50% upside from current levels. 3️⃣ Automotive Growth: As the top memory supplier for autonomous vehicles, Micron dominates a market set to grow at a 27% CAGR. 4️⃣ Technical Momentum: Breaking $75 resistance, a golden cross and rising volume confirm strong bullish signals. 💹 Trade Setup: TP1: $100 TP2: $110 TP3: $120 SL: $80 Micron is a top-tier AI play at a deep discount. With massive growth catalysts, it’s primed to soar! 🚀
NLong
by FinanceProSignals
Target 95 let me explain, congested a lot of detail swing stateThe Fibonacci retrace and sideways swing indicate that the stock likes to come back around this area, from where it currently is at the resistance fib, with a liquidity sweep candle, stopping in the buffer zone. A volume slowdown dictates a crashing move up before volatility winters it down significantly. It is one of the more realistically sideways swinging stocks of 25, and based on the parallels and colorful detail, I anticipate this to be my chart of the week, with no surprises!
NLong
by themoneyman80
1
Micron Technology - Fully Resisting The Stock Market Crash!Micron Technology ( NASDAQ:MU ) is one of the few bullish stocks: Click chart above to see the detailed analysis👆🏻 Despite the stock market kind of "crashing" lately, Micron Technology is one of the few stocks which remains in a rather bullish environment. Following the uptrend, the bullish break and retest and the beautiful cycles on Micron Technology, this strength will soon become reality. Levels to watch: $90, $180 Keep your long term vision, Philip (BasicTrading)
NLong
by basictradingtv
19
MU, bound for more significant RISE ahead this 2025! from 100.Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and solid-state drives. It is headquartered in Boise, Idaho. Based on latest metrics, MU is now at basing zone finally after experiencing heavy downtrend since last years peak at 153 on June 2024. The stock is currently on a massive SHIFT in trend hinting of a weighty reversal to the upside. It already bounced more than 20% from its lows at 80 levels since late last year. Fridays' closing price of +6% is already conveying its directional context for the rest of the year -- more RISE ahead. Also factoring its last QTR Results which are all in greens. (USD) Nov 2024 Y/Y Revenue 8.71B 84.28% Net income 1.87B 251.54% Diluted EPS 1.67 249.11% Net profit margin 21.47% 182.23% Operating income 2.17B 292.73% Net change in cash -355M 30.39% Cash on hand - - Cost of revenue 5.36B 12.6% ---------------------------------- Spotted price at 100. Interim target at 150 Mid at 200. TAYOR. Trade safely.
NLong
by JSAL
How Long Can Micron Hang On?Micron Technology has remained above a key level despite weakness in the broader market. Is it vulnerable to a breakdown? The first pattern on today’s chart is the September 12 low of $84.12. MU has remained above that level, but would-be sellers may watch for a potential close below that support. Second, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. That may suggest its longer-term trend has gotten more bearish. Third, our 2 MA Ratio script in the lower study shows the 8-day exponential moving average (EMA) has crossed below the 21-day EMA. That may suggest bears are gaining an edge in the short term. Next, TradeStation data shows MU is the twelfth-busiest options underlier in the S&P 500. (Average volume in the last month is about 175,000 contracts per session.) That could make some traders look to position for moves with calls and puts. Finally, earnings after the closing bell on March 20 may serve as a potential catalyst for movement. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options. Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com . TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
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by TradeStation