kingmidasLXIX

Support becomes Resistance

Short
NASDAQ:MU   Micron Technology
Chart patterns developing over a year have a much higher probability of follow-thru then their mid-term dated peers. After breaking below horizontal, the counter trend rally is closing in on descending trendline, which would indicate another fall to support at previous breakout.

Personal Opinion + TA = not investment advice

Best of Luck!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.