Jul. 21 at 10:05 PM
Three days of aggressive green candles on
$MU comes as zero surprise—this massive Falling Wedge setup has been playing out exactly as planned.
Price ripped cleanly out of the wedge while slicing through the daily 50 MA like butter. By the close, buyers reclaimed the lower boundary of the massive reversed rising wedge formed since late March, shifting momentum squarely back to the bulls.
Game Plan Going Forward:
Must-Hold Pivot:
$972 -
$986 is the key zone to sustain this bullish expansion.
Overhead Targets: Next major supply walls sit at
$991,
$1,022, and
$1,051.
All eyes on
$GOOGL earnings tomorrow for sector-wide AI CapEx confirmation.
Riding this breakout or taking profit at resistance?
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