Bunch of things going on here. The first thing I notice is the huge cup formed on the monthly from 1999- 2021.
Since April you can say we have formed a handle for that cup.
On the weekly you have a double bottom that's playing out and the handle for the cup could also be use for this double bottom.
So obviously the patterns are bullish, the only question is will MU break out of the handle this time around or take one more trip down to 60$ ?
Let's see
Since April you can say we have formed a handle for that cup.
On the weekly you have a double bottom that's playing out and the handle for the cup could also be use for this double bottom.
So obviously the patterns are bullish, the only question is will MU break out of the handle this time around or take one more trip down to 60$ ?
Let's see
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.