$MU (Micron) – Watching for a Breakout
I'm looking at MU, currently at $881.47, down -1.25%, but showing strength after bouncing from the $827.00 low. The moving averages are mixed with MA5 at $890.14 and MA10 at $898.58 above price, but MA30 at $877.56 below price, indicating some support. The 24h high is $913.33, and MACD is negative, but the structure is forming higher lows, which is a bullish sign. Volume is moderate, and pre-market is showing a bounce at $900.76. I'm watching for a clean break above $913.33 with volume before I consider a long entry. For now, I'm on the sidelines, waiting