MU Faces Resistance After Momentum Run out of Basing Bottom

Micron Technology (NASDAQ:MU)

NASDAQ:MU Micron Technology

Candlestick Analysis Chart Patterns Trend Analysis MU microntechnology Support and Resistance momentumrun basingbottom bottomlows hiddenmomentum support

candlestick chartpattern trendanalysis mu microntechnology supportandresistance momentumrun basingbottom bottomlows hiddenmomentum support

MU retested its bottom lows; it will find support at a higher level after reaching above the top red line drawn on the chart. The Basing Bottom created sufficient hidden momentum as the stock gapped and ran vertically up to resistance.

snapshot

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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