Micron Technology Inc

MU remains in a definitive Stage 4 decline with confirmed lower highs and lower lows reinforced by the active Support Failure pattern. Price is trading below declining 9- and 21-day EMAs with no signs of near-term exhaustion, favoring additional downside. Medium-term bias is bearish and short-term conditions support a Sell Now execution into the current breakdown. A sustained reclaim and acceptance above the 9/21 EMAs with a fresh higher high would invalidate this bearish posture.

• ↑Q3 revenue hit $41.5 B, up 346% YoY on AI demand
• ↑Signed 16 strategic customer agreements for revenue visibility
• ↓CapEx limits slow node transitions, sustaining supply bottlenecks