$MU a favorite name here; cup & handle; ABC on daily

If you've been following, you know i'm still holding MU from the 40s, and still buying dips when the opportunity presents itself.  I will look at some option calls today i think.  

The weekly is showing a nice cup and handle, and zooming into the daily the handle is formed by an A-B-C correction pattern.  We have a little more downside before that finishes, but keep in mind their earnings is this week.  Stock buybacks are incoming, which should raise the SP alone by ~ $10/share as the buybacks happen.  

 

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