Market Update: $MU 📊
Suggested Direction: Short
Entry: 916.5250-923.1399
Stop-Loss Reference: 927.5600
Target Price: 911.3802/904.0303/893.0056
Analysis: Oh wow, just look at MU's trend—it's really something that makes you laugh. EMA 920.90 has unwillingly pierced through the long-term moving average at 922.25 downward. And the MACD? It goes straight into a dead cross—there’s nothing left for the bulls, not even a fart. RSI 34.6 is still fairly moderate, but compared to this relentless down-and-down market, it’s basically nothing. In any case, it’s a ranging structure—such a grinding rhythm. Just watch it probe back and forth around 927.56. The suggested stop-loss at this level is still quite well placed—don’t end up chasing it and not even able to keep hold of a single hair.
Hint: Suggested Stop-Loss Level: 927.560000, please adjust your position according to your own risk preference
#MU