*MU - Micron Technology, Inc.
$MU
*Price: $1,029 (-0.66%) | After Hours: $1,028.72 (-0.02%)*
- *Intraday Weakness:* Open $1,055 → High $1,059.45 → Low $1,017, closed at $1,029. Sharp sell-off from top, down $30 from high. Bearish day.
- *Moving Average Breakdown:* Price $1,028.49 trading BELOW all MAs - MA(7) $1,029.08, MA(25) $1,029.24, MA(99) $1,029.50. Death-cross structure on 1m chart - MA7 broke below MA25 and MA99, bearish signal.
$MU
- *Volume Spike:* Vol 1.93K with MA(5) 1.4K, MA(10) 1.19K - volume rising on red candles. Last 2 candles show heavy selling pressure, volume bar at 2.48K - panic selling / stop-loss hunting at close.
- *Support:* $1,028.36 - $1,028.49 immediate support holding for now. If breaks, next $1,017 (Day Low).
*Outlook:* Short-term bearish. Need reclaim above $1,029.50 (MA99) to turn neutral. Below $1,028, further downside to $1,017 expected.
$MU
#StateCouncilCallsForNationalBlockchainNetwork #MU #bitcoin #viral
$MU
*Price: $1,029 (-0.66%) | After Hours: $1,028.72 (-0.02%)*
- *Intraday Weakness:* Open $1,055 → High $1,059.45 → Low $1,017, closed at $1,029. Sharp sell-off from top, down $30 from high. Bearish day.
- *Moving Average Breakdown:* Price $1,028.49 trading BELOW all MAs - MA(7) $1,029.08, MA(25) $1,029.24, MA(99) $1,029.50. Death-cross structure on 1m chart - MA7 broke below MA25 and MA99, bearish signal.
$MU
- *Volume Spike:* Vol 1.93K with MA(5) 1.4K, MA(10) 1.19K - volume rising on red candles. Last 2 candles show heavy selling pressure, volume bar at 2.48K - panic selling / stop-loss hunting at close.
- *Support:* $1,028.36 - $1,028.49 immediate support holding for now. If breaks, next $1,017 (Day Low).
*Outlook:* Short-term bearish. Need reclaim above $1,029.50 (MA99) to turn neutral. Below $1,028, further downside to $1,017 expected.
$MU
#StateCouncilCallsForNationalBlockchainNetwork #MU #bitcoin #viral