$MU Short to Wave 4 Low in this Standard ABC correction.

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$MU Short to Wave 4 Low in this Standard ABC correction.Micron Technology, Inc.BATS:MUMTG_MindTheGapMU Memory stocks have had a parabolic rise in price and earning expectations, only seen in handful of stocks. Market is realizing that this trend may not sustain itself for another quarter and the stock is priced in perfectly. KOSPI’s volatility and huge AI Capex sentiment on Mag7 are headwinds for MU. MU is finishing a massive Elliot Wave 1-5 Impulse and will proceed with standard ABC correction to the Wave 4 Low (~$315). MU Weekly has a touch of bearish divergence.