$Micron Tech(MU.US)

Beautiful run by Micron overnight. But don’t be fooled by this FOMO inducing rally. They don’t call it a bull trap for nothing.

This move completes the 5 waves beautifully in a very clear distinct structure.

Add to it an overly bullish analyst report by an institution. It’s a credible one and makes total sense. But where was the report when Micron was much cheaper? It was only a month ago she was trading at much much cheaper prices. (In fact, I was already calling out Micron then. You can check out my much earlier post! But of course who am I for people to listen to. No fancy name behind a fancy desk!)

Makes you question the intention and timing of these reports when even nobodies like me already see the potential much earlier…..

Well, this nobody is now advising caution. Don’t be these big boys’ exit liquidity. I am bullish long term but technical structure indicates a pullback first.

@Bridge Buzz SG