$AAPL Holds Strong While $MU Searches for a Bottom
π TWO STOCKS. TWO VERY DIFFERENT TECHNICAL SETUPS.
π $Apple(AAPL)$ : HEALTHY PULLBACK OR SOMETHING MORE?
We've been tracking Apple's repeated moves between the upper Bollinger Band and the 20-day moving average or lower band in this choppy market.
The gap around $334 suggests the same pattern could play out again.
Yesterday's resilience is encouraging. My current read: a healthy pullback to fill the gap, rather than the start of a major correction.
π $Micron Technology(MU)$ : DEEPLY OVERSOLD
Micron has completely broken below its daily Bollinger Band, signaling a significant oversold condition.
But oversold doesn't automatically mean it's time to buy.
π― THE KEY LEVEL TO WATCH: $689.40
MU needs to reclaim $689.40 today to provide the first confirmation of a potential relief bounce.
Until then, patience is key.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
The gap around $334 suggests the same pattern could play out again.
Yesterday's resilience is encouraging. My current read: a healthy pullback to fill the gap, rather than the start of a major cor