Micron Technology (MU)
Date of Analysis: March 27th, 2025
Time Target: A mid-cycle top is expected to arrive in July 2025. After putting in a top, MU will sell off to its next mid-cycle bottom, which is expected to arrive approximately in March 2026.
Price Target: Our first price target is located at $120 +/- $5 with stop loss at $130.
Projected Move: A down move of approximately 50% within the forthcoming 8-12 months is expected.
In summary, MU is expected to develop a top to bottom fast move approximately from July 2025 to March 2026. The drop in price is expected to be from $120 a share down by approximately 50%.
