MU - 1W - Double Bottom

While semiconductor giants like ARM and NVDA have surged over 100% YTD, Micron has significantly underperformed, rising only 8% this year and dropping more than 45% in the past three months.

However, a potential reversal may be on the horizon as a double bottom pattern forms around 83/share, accompanied by a strong bullish RSI divergence and price rebounding off the point of control (POC).

This combination signals a possible shift in momentum.