$Micron Technology(MU)$ finished the last trading session at $848.95, cleanly losing its grip on major support levels during the afternoon flush. Looking at the daily chart, the stock completely failed to defend its previous horizontal floor around $950.00, turning that old floor into heavy overhead resistance. For tactical accounts trying to navigate this flush, the execution parameters are tightly locked: bulls must capture and defend a clean hourly close back above $905.00 to prove local shorts are covering and a counter-trend bounce is viable. On the downside, the $800.00 level is your absolute hard line in the sand if the stock breaks below $804.00 and snaps $800.00 on a daily close, the immediate bullish structure is dead, and tactical positions must be flattened to preserve capital.
looking at $Tesla Motors(TSLA)$ $SpaceX(SPCX)$
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  • Zasper
    ·07-19 22:53
    sure
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