MU is in a pullback and not yet ready to rally; a further shakeout toward support is needed before it can advance.
“Stock Market & Crypto Analysis for Week Ending 8/21/26”
Brian ShannonPublished Aug 21 · 2 passages
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Meanwhile, um Micron also uh you kind of doing what we want it to do. It's pulled back down not all the way to the 20-day moving average, and not quite to the Leo anchor as well.
I'd love to see it kind of shake out down towards there, then get back up in here and get ready to go. I don't think it's quite ready to go yet. We'll see.
What this channel has said about $MU
Brian Shannon has 3 calls on this stock; only the adjacent ones are shown.
2026-08-28
The shares of Micron still hammering away at that 50-day moving average. That 50 will continue to decline next week. So, I don't count Micron out and it has the possibility that it can continue to hold the anchor from the Leo low.
Quote at 03:53 ›2026-08-21This one
Meanwhile, um Micron also uh you kind of doing what we want it to do.