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kingmidasLXIX

Support becomes Resistance

Short
Micron Technology (NASDAQ:MU)  
kingmidasLXIX  
NASDAQ:MU   Micron Technology
Trend Lines Triangle Beyond Technical Analysis chipmakers Technical Analysis Descending Triangle
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trendline triangle beyondta chipmakers technicalanalysis descendingtriangle
Chart patterns developing over a year have a much higher probability of follow-thru then their mid-term dated peers. After breaking below horizontal, the counter trend rally is closing in on descending trendline, which would indicate another fall to support at previous breakout.

Personal Opinion + TA = not investment advice

Best of Luck!
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