MU - Bullish Retest in ProgressMicron Technology, Inc.BATS:MUVIAQUANTThis is an update to my last post on Micron: Following a successful bull flag breakout, MU is now retesting the flag. If bulls can hold this retest, price will advance toward the upside targets outlined in my previous post. There are several additional factors working in the bulls' favor here. First, Friday's candle closed as a dragonfly doji, a traditionally bullish signal. For reference, take a look at how the other dojis have played out on the 4H timeframe in this same structure. Second, the 100 MA (green MA) is rising and moving closer to where price is currently trading. This means that even if price dips back into the pattern, bulls should be able to find support at the 100 MA and close key (daily or higher) timeframe candles above the flag, confirming the retest as successful. However, if Middle East tensions escalate and MU begins closing back within the flag pattern or below the 100 MA, that would be a clear signal of a false breakout which would point toward a future breakdown.