MU beat estimates but trades lower post-earnings; monitor 20-day MA for support following recent breakout.
He framed it in days
“The Market Isn’t Breaking. It’s Rotating!”
StockCharts TVPublished Sep 30 · 1 passage
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Finally, I would like to point out that Micron announced its results after the market closed. From what I 've seen, the company has exceeded earnings and revenue expectations, but the stock is still down about $7 in after-hours trading, less than 1%, which is a slight decrease.
I recommend monitoring the 20-day moving average in case of any weakness. Let's see if it holds, because we recently saw a breakout in Micron's stock performance , and I hope this rise in the 20-day moving average continues .
Watchpoints
price action relative to the 20-day moving average
What this channel has said about $MU
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2026-09-30This one
Finally, I would like to point out that Micron announced its results after the market closed. From what I 've seen, the company has exceeded earnings and revenue expectations, but the stock is still down about $7 in after-hours trading, less than 1%, which is a slight decrease. I recommend monitoring the 20-day moving average in case of any weakness. Let's see if it holds, because we recently saw a breakout in Micron's stock performance , and I hope this rise in the 20-day moving average continues .
2026-09-28Bullish
So, I start with, you know, number one. Therefore , from 110 to 150 are five charts that I consider at this stage to be in an initial upward trend, and a strong accumulation phase.
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