$MU This Breakout Matters...
I’m watching $MU closely here.
The stock closed around 881 and is sitting right under the upper rail of its descending channel.
This is the third test, and every prior attempt was sold.
For me, 908 is the key. I want to see a real daily close above it not just a quick wick.
If buyers clear that level, 988 becomes the next obvious resistance.
The setup is getting interesting: momentum is improving, positioning still looks crowded, and volume will be the tell.
If 908 fails again, I’m not forcing it.
A move back toward the 870 area wouldn’t surprise me.
Things are heating up.
Still waiting for confirmation? Stay flexible.