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MU Faces Resistance After Momentum Run out of Basing Bottom

Micron Technology (NASDAQ:MU)  
MarthaStokesCMT-TechniTrader  
NASDAQ:MU   Micron Technology
Candlestick Analysis Chart Patterns Trend Analysis MU microntechnology Support and Resistance momentumrun basingbottom bottomlows hiddenmomentum support
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candlestick chartpattern trendanalysis mu microntechnology supportandresistance momentumrun basingbottom bottomlows hiddenmomentum support
MU retested its bottom lows; it will find support at a higher level after reaching above the top red line drawn on the chart. The Basing Bottom created sufficient hidden momentum as the stock gapped and ran vertically up to resistance.

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Martha Stokes, CMT
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