Micron 5-Wave/ABC correction and Upside.
On daily with 200 SMA lost, major technical damage to the support was taken out. But long term, as long as we have not lost the previous low support of 45.38, likely side ways AB=CD , correction after 5-Wave move. This appears more likely to be Super cycle Wave-I followed by Wave-II correction. A bounce here is Wave-III will give upside targets of 80+.
Correction of the AB-CD can extend all the way to 1.618 i.e around 42. So far on daily we already had a double correction. and another correction(Worst case) can only go to a minimum of 42.
GLTA!
Correction of the AB-CD can extend all the way to 1.618 i.e around 42. So far on daily we already had a double correction. and another correction(Worst case) can only go to a minimum of 42.
GLTA!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。