$MU down nearly 5% but clean bull flag forming right above $100 support — psychological round number holding buyers in. Flag structure + support zone = double probability layer. Price taps the bottom today, likely gets defended here.
Probabilities favor the bounce into double-top resistance. Invalidation is simple: break below $100, cut it. No hold-and-hope below that level.
Flag + support = setup. Below support = no setup.
Probabilities favor the bounce into double-top resistance. Invalidation is simple: break below $100, cut it. No hold-and-hope below that level.
Flag + support = setup. Below support = no setup.