7.28 Afternoon MU market analysis — Shiyuan’s view


MU initially surged to 962, met resistance and topped out; bullish momentum quickly faded, leading to a continuous pullback.
Upward momentum gradually dried up, sell pressure kept releasing; in the short term, it maintains a weak pattern. Any rebound is only short-term correction—do not blindly bottom-fish.

Resistance: 880, 900
Support: 850, 845

Recommendations:
Place short positions on the rebound in the 875–880 range, with 900 as the defense level. First target is 850; if it breaks, look to 845.
If it retests and stabilizes near 845, then consider a short-term long attempt. $MU
MU-6.49%
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