$MU: Back Above $1,000 — Still BullishMicron Technology, Inc.BATS:MUGDJ_JinnTwo weeks ago, in my previous Idea, I mentioned: “HBM supply remains tight, and the structural demand for high-end memory has not changed. I’m still bullish on $MU.” I highlighted $910 and $860 as buy levels, with a plan to add to the position if price broke above $990. Now, our position is up more than 10%. So, what’s the plan from here? Back to the chart: MU 🟡 Current Price: $1,016 🟡 Extended / Off-hours Price: ~$1,050 🔴 Supply Zone: $1,080–1,110 🟢 Buy Zone: $950–970 — previous resistance turned support First, the chart shows that MU broke above the descending trendline that has been in place since the $1,254.8 high last Friday. More importantly, the breakout was backed by strong buying volume, pushing price decisively back above the psychological $1,000 level. I also noticed something interesting in the off-hours market. MU showed no meaningful weakness over the weekend, and price continued to grind higher on Monday, reaching around $1,050. At this level, I decided to take partial profits and close 40% of the position. What’s the plan next? After the US market opens on Tuesday, I want to see $1,000 transition from resistance into support. This would further validate the double-rounded-bottom bullish structure that is currently forming. If the pattern gets additional confirmation, the next major upside target I’m watching is $1,200. At the same time, I plan to rebuild the position I took profits on within the $950–970 zone, assuming that area holds as support. For now, I remain bullish on the memory sector. A move back to $1,200, followed by even higher levels, doesn’t look unrealistic to me as long as the bullish structure remains intact. Let’s see how price reacts around $1,000. Good luck, everyone! If you also want to plan and execute trades while the US stock market is closed, you can check out rToken on Bitget. Traditional US stock markets may be closed, but Bitget Stock Perps can still be traded 24/7, giving you the flexibility to manage exposure beyond regular market hours.