$MU Micron Short from 41.5 . Now 39.75 . Clear Bearish Pattern
As it shows head and shoulders pattern to be confirmed after closing below 37.9 with target area of support between 34-32.5 RSI broken Dec-Uptrend Also MFI index showing some investors sold some quantity and broke down the trend . stochastic with sharp down trend which means more volatility . MU shares will be highly affected by US-China news which impact its revenue directly-indirectly . if markets bounce the target will be broken uptrend (purple) then drop again . if market fall then expected too see the level at 34.5 quickly...
