Trading Idea: MU Breakout Continuation Setup (4H)Micron Technology, Inc.BATS:MUOnerMicron (MU) is compressing under a clear horizontal resistance around $525, with higher lows forming underneath — a classic ascending triangle structure. Price is respecting a rising trendline while volume (OBV ribbon) trends upward, suggesting accumulation. At the same time, OBV RSI shows bullish divergence (price relatively flat vs. momentum improving), which supports the probability of a breakout. Plan: Entry (Breakout): Buy on a confirmed 4H close above $525 Alternative Entry (Pullback): Wait for breakout → retest of $520–525 zone → enter on support hold Stop Loss: Below $485–490 (under structure / last consolidation) Targets: TP1: $600 (psychological + measured move) TP2: $700–750 (extension zone) TP3 (only if momentum accelerates): $900–1000 (parabolic scenario, not base case) Key Read: Trend = bullish Structure = compression before expansion Volume = supportive Momentum = recovering Important Note: A move to $1000 would likely require acceleration + hype + strong macro/AI narrative continuation — not just a technical breakout. So treat that as a runner scenario, not the main expectation.