MU - Micron Earnings: Bulls Ready To Pull The Trigger (Technical Analysis)

2024-06-21 13:17:42 ET

Summary

• Adding another AI associated stock to my buy call portfolio with Seeking Alpha, A very bullish structure is in Play for Micron Technologies.
• With earnings due next week, numbers that the market likes, or a big surprise could trigger Micron to accelerate quickly to my outlined target of $200.
• Price targets have been upgraded by heavyweight banks recently too, we look into their pricing upgrades for this equity before analyzing the charts according to my analysis.

There are periods in this job where there is not a lot to write about, for example, markets going sideways or, in particular, taking their time to get to an outlined target....

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