MU's momentum is completely negative and its downtrend strong; a rebound in the next few days is possible but likely to fail, with the cycle ending November 23. Price may fall to around 857 or slightly below; because this is against the trend, active traders should use about a quarter of normal size.

As for Micron's stock, its momentum has turned completely negative. It is still above the 78.6 level. Here you can see that he is trying to form a bottom here. Therefore, for bold traders, Micron shares may see a potential rebound in the next few days .

But if we look at this cycle here, we will find that it ends on November 23. This shows that if a bounce occurs here, it is likely to fail, but for traders, it may present a golden opportunity.

The lowest level here was around 857 for Micron shares. The price may drop to this level or slightly below it, and for those who wish to buy, there may be a good opportunity to take advantage of this rise.

When negative momentum appears on the weekly and daily charts, with the possibility of a cycle bottom forming, I would say that if you are an active trader and take risks appropriately, the trade size is likely to be a quarter of your usual size, because everything is going against this trend, and as you can see here, the momentum is turning negative again.

The Buy Options indicator is negative , and I'm telling you that there is an opportunity for bold traders to enter into a trade of 120, which is 25% of your usual trade size, given that you are trading against the trend.

Micron stock, as you can see, has a very strong downward trend.