MU expected to rally to 1150 (Fibonacci/gap resistance); potential short setup at that level.

Next is the " Micron" stock. "Micron," well, that's an arrow you identified through research , right? In other words, there is a potentially good opportunity for swing trading here. Now, what is the difference between swing trading and day trading? Okay, I'm looking for a slightly higher percentage. I believe this decline is not necessarily just one, two, or three percent. I am looking for a 10 to 15 or 20% move in my likely direction. correct? The price doesn't necessarily have to drop directly down, but it will be a good level of resistance. Well, Micron gives us two good examples of that. First, at 1027, there is a remarkable gap being filled at the top. This would be an ideal level for day trading . But, for long-term trading, I like the high pivot point here around 1042. And this gap here around 1115. You can see that the distance between them is 11 %. Now, why am I doing that? Well, first of all , I must explain why I like this sales center. Micron has bounced back with a move towards this level, which suggests a downward move, but if you scroll back on the chart before this big upward move, Micron had accelerated violently by 300 % in what, a few months? correct? Just a few months . So, this will be my plan regarding "Micron". I will start with a potential swing sell position here, and this will be my add-on level, which is the secondary resistance level. Because when we trade swings, I'm not just looking for a quick downward move. If the stock moves against my expectations, that's okay. I have a plan and I find that the secondary resistance level, with a difference of approximately 10%, is where I like to distribute my additional capital, with a difference of approximately 10%. This is a difference of 11% to 10.5%. So, this is the setup I like for potential swing trading, isn't it? In this case, I think the downward move is only to, you know, this gap that was filled on Wednesday, two days ago , you know, three or four days ago, i.e., two trading days ago . I think this is very likely, and very easy, you know, and very logical, about an 11% drop from that level . So, let's see in the end if Micron can achieve that.