$MU

Micron topped earlier this year, peaked in June 2026, then failed to take out that peak after sideways chop, a bearish sign. It has broken down and is in freefall; first major support is the July low at 736, the level to watch over the next couple weeks.

BearishHe framed it in weeks
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Verified InvestingPublished Oct 16 · 1 passage

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And the answer is Micron put in the top earlier this year. And if we flip over to the Micron chart here and take a look, Micron peaked back in June, right? Right here, June of 2026.

From that, it corrected bare flagged, right? So, you have all this sideways chop with slight upside, but it never was able to take out that peak. That's a bearish sign after all of this time that it couldn't do it.

Now, it's broken down and we are now in freefall. Now, where's your first major support on Micron? You got to go back to that July low at 736. That's going to be the level to watch over the next couple weeks.

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