MU: Potential weekly 135 pattern completed with c.23% downside
Couple of bearish cues on MU:
#1 Potential weekly 3-drive pattern completion
#2 Currently trading at 61.8% retracement of last All Time High
#3 Potential ABCD completion in the 240M time frame
#4 Huge volumes which suggest exhaustion, last hooray
Min target would be the 38.2% retracement level around the $40-$43 level.
#1 Potential weekly 3-drive pattern completion
#2 Currently trading at 61.8% retracement of last All Time High
#3 Potential ABCD completion in the 240M time frame
#4 Huge volumes which suggest exhaustion, last hooray
Min target would be the 38.2% retracement level around the $40-$43 level.
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