WellTrainedMonkey

MU: Potential Double Top for -35%

Short
NASDAQ:MU   Micron Technology
When is it a double top versus a channel? When current price action is an incredible 1.786% extension of the AB leg and the recent tops demonstrates a negative divergence with the MACD. Breakdown from the neckline will imply a downside price target of $30, -35%.
Trade closed: target reached

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