Micron Is Leaving Little Room For A Rally

Micron Has One Chance To Go Directly Higher

This week on my Zoom call, in real time, I outlined a new alternate count for Micron MU 1.08%↑ and provided what I saw as the last potential setup to go higher. With the spike and reversal below support, there’s still some semblance of a chance my green count directly higher happens, but I’m now leaning toward my alt teal count. And while the alt teal count still resolves higher, it won’t be as direct, and there will be lower lows before it turns.

Here’s my detailed analysis from my Zoom session on how I arrived at it and what it looks like:

And here’s the chart since Thursday afternoon’s Zoom session.

Don’t Miss Out On What To Do Next

Paid subscribers are getting my charts turned into strategies every week, with Micron as just one example of knowing where the chart is headed. Don’t be caught on the wrong side of the trade, because the markets continue to evolve, and so should you.