Micron Technology (MU)

[JLS]

Pessimistic MU remains pessimistic.

I haven't owned it for weeks; but personally, it could be good for a double-bottom trade if/when it hits that red dashed line, but only for a trade. I wouldn't want to own it longer term yet.

It has a history of bouncing off the middle fork tine and that bottom at 34 has a little 2017 history also. The history for both the red line and yellow dashed line is at middle to late 2017, but the bulk of the history is at the yellow dashed line, so I might want to own it longer term when it hits the yellow dashed line (a 50% retrace back to 2017 June-July).