$MU — Cup & Handle Breakout Watch

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$MU — Cup & Handle Breakout WatchMicron Technology, Inc.BATS:MUKT_ChartsMU — Cup & Handle Breakout Watch Broke the downtrend of the handle within a larger cup & handle base All major MAs (21/50/200) are tight and stacked, creating a launchpad Resistance at 128.60 (handle high) → breakout trigger Volume lighter on pullback, constructive for setup RS Rating 86, strong earnings acceleration (+208% EPS last qtr, +37% sales), funds adding Trade Plan: – Entry on breakout through $128.60 w/ volume – Stop under handle low (~$118) – Target zone $133–135 initial, room higher if momentum carries Classic CAN SLIM setup aligning technical + fundamental strength. #Cupandhandle #TechnicalAnalysis #SwingTrading