A clean Ascending Triangle often precedes a big move. Validate your entry.
Bullish continuation pattern.
A clear signal has emerged for Micron Technology (MU) on the daily chart. The stock is trading at $465.66, up 9.17% on the day. The primary technical feature is a Ascending Triangle formation. Volume is average (0.94x avg) with moderate trend strength (31.1). A potential breakout level is identified at $471.14, targeting $630.79 with support near $311.49 (R:R 1.0).
What is your outlook on MU?