MICRON gives a huge cyclical Buy Signal every 4 years. Patience.Micron Technology, Inc.BATS:MUTradingShotOn our previous (July 23, see chart below) Micron Technology (MU) analysis, we gave a very precise Sell Signal on the 4H MA50 and the Top of the short-term Channel Down, which hit directly our $770.00 Target and rebounded: This makes us look at Micron's long-term chart again, namely the 1M time-frame where the stock is seen trading within a 20-year Channel Up since the 2006 market Top that preceded the 2008 U.S. Housing Crisis. This multi-year pattern, starting from the November 2008 Bottom, gives a massive technical Buy Signal roughly every 4 years (3.68 to be exact/ 1344 days). When that opportunity flashes, the stock has historically been either on a market bottom or straight after it, but very close to it nonetheless. This is perfectly displayed by the use of the Time Cycles (Sine Waves tool). The last such signal was on August 14 2023 and based on the current Sine Wave, the next one will be on April 19 2027. Since July 2016 (i.e. for the past 10 years), the 1M MA100 (red trend-line) has acted as the absolute market Support, forming along with the 1W MA200 (orange trend-line) a formidable Buy Zone. At the same time, every Bearish Leg correction within this 20-year pattern, hit at least the 0.382 Fibonacci retracement level (minimum also the 1W MA200), with one occasion also touching the 0.786 Fib (April 2025) along with the 1M MA100. Based on the above, if the June High was Micron's new Top, we expect it to correct to at least its 0.382 Fib, which sits at $400, breaking below its 1W MA50 and potentially making contact with its 1W MA200 before the new long-term Buy Signal is confirmed by mid-April 2027. That would also be on the 0.5 Fib level of the Channel, which is the top end of the range that Micron has spent almost the entirety of its price action in the past 18 years. In the meantime, every time the 1W RSI hit 33.00 (almost oversold) or lower within its Buy Zone since 2008, it was a massive multi-year buy opportunity regardless of the price. So keep that in mind. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π