$MU: Rebuilding My Position After Taking Profits

Wait 5 sec.

$MU: Rebuilding My Position After Taking ProfitsMicron Technology, Inc.BATS:MUGDJ_JinnOver the weekend, I noticed that MU broke above $1,050, allowing me to take partial profits on my 4th swing position. Now, I’m looking to gradually rebuild the position I took off the table. 🔘Chart Analysis On the 4H timeframe, MU has broken out of a triangle structure with strong volume, followed by the formation of a bullish H4 Order Block at $940–920. 🔘Key Levels 🔴 Triangle Lower Boundary: $970 🟢 H4 Bullish OB: $940–920 🟢 Golden Pocket: $850–840 🔻 My Defense Level: $800 🔘Trading Plan I’ll look to scale into the position around these key levels, then wait for price to break above the $1,050 resistance. 📈 The idea is simple: take profits into strength, then reload on meaningful pullbacks instead of chasing price. 🔘And remember: A business with stable and growing revenue can solve a lot of problems. I’m still bullish on the future of DRAM and the broader memory semiconductor sector. With market volatility picking up recently, I’ve been using rToken for execution. rToken routes orders through broker channels directly to the real Nasdaq and NYSE order books, enabling 24/7 trading while maintaining access to real U.S. equity liquidity with the efficiency of the crypto market.