$MU weekly chart showing a bullish pennant pattern—classic continuation setup. Pennants typically resolve in the direction of the prior trend, which was upward here. If this holds, we're looking at a breakout higher with momentum carrying through.

Pennants work until they don't. Watch volume on the breakout—without conviction, these patterns fizzle. Micron's been riding the AI memory wave, but semiconductor stocks are notoriously cyclical. Pattern recognition is useful, but don't ignore the fundamentals underneath.