Micron Micro Management

26 juin

Big potential influence red zone lurking above (had this project designed before the two inflections at the red and stop at first pink rectangle. Looking forward to see if it continues to flirt with the red under it, or if it starts to weaken following the path of the rectangles. In other scenarios any of the rectangle zones waiting below in the future could also become support to trigger more bullish tones.

Will provide comments in the future with price action updates or even added zones of interest.

Not overly attracted to the grey scenario that propels the stock higher after exiting the red, but earnings report might spoil the whole setup with a jump and penetration of the red kind of cancelling the whole concept for the potential future.

9 juil.

Note

Rebound and a fall combo at the first pink rectangle. Looking forward for a potential touch and rebound on the slim pink lurking near.

26 juil.

Note

We never got to see a rebound from the slim plank although the price went fairly close to the edge of it. Interesting stop at the green zone. It would be interesting to see if the sinking ship stabilizes in this area.

6 août

Note

Another level for the Micron after that big red collapsed the stock. Green looks soft to be able to hold for now.

15 août

Note

Rebound from the lower edge of the green. Next to be tested is the white marked price level. I would kind of like to end this project here as it somehow reached the more important potential destination.