$MU looks like it wants another leg higher, but $1,050 is the level I’m watching.
Price: $1,025.15
Support: $1,000–1,010
Resistance: $1,050
Next target: $1,100–1,150
The setup is simple: holding above $1,000 keeps the bullish structure alive. If MU breaks $1,050 convincingly, I’d watch $1,100 next. Above that, $1,150 becomes the next psychological zone.
But after such a strong move, a pullback toward support would not automatically mean weakness. Sometimes the healthier move is simply consolidation before the next breakout.
#ChinaJulyOutputRetailInvestmentAllMiss #CMESeptemberHikeOddsFallTo30.6% #IsraelStrikesLebanonKillsHezbollahCommander #CardanoSplitsDijkstraUpgradeIntoTwoPhases #SECReviewsSix3xLeveragedCommodityETFs
Price: $1,025.15
Support: $1,000–1,010
Resistance: $1,050
Next target: $1,100–1,150
The setup is simple: holding above $1,000 keeps the bullish structure alive. If MU breaks $1,050 convincingly, I’d watch $1,100 next. Above that, $1,150 becomes the next psychological zone.
But after such a strong move, a pullback toward support would not automatically mean weakness. Sometimes the healthier move is simply consolidation before the next breakout.
#ChinaJulyOutputRetailInvestmentAllMiss #CMESeptemberHikeOddsFallTo30.6% #IsraelStrikesLebanonKillsHezbollahCommander #CardanoSplitsDijkstraUpgradeIntoTwoPhases #SECReviewsSix3xLeveragedCommodityETFs