Full transcript
Micron is caught between levels, and one must give way first.
October 15, Micron on the 15-minute chart, and this bear flag confirmed today.
A bear flag is a sharp drop, then a shallow drift higher.
It looks like a steep fall followed by a quiet, tilted climb.
Confirmation is a close below the lower rail of that drift.
Here, that lower rail sits at 931.08, and price closed below it today.
The measured target is 912.76. The invalidation level is 935.07.
A close beyond that level cancels the pattern. Neither level has been hit, so it remains in play.
A pattern never guarantees its target, and the same shape fails just as often.
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AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.