Micron is in an initial upward trend with strong accumulation after breaking $1,000 resistance; bullish as long as $1,000 support holds.

So, I start with, you know, number one. Therefore , from 110 to 150 are five charts that I consider at this stage to be in an initial upward trend, and a strong accumulation phase.

The reason I do this is that I can run a performance table and say, "Show me last month," and I can see that Meta is up 25%, and Micron is up 13%.

Micron is similar to Meta in that it broke through a major resistance level about a week and a half ago. As for Micron, I would say it's a strong resistance level at a large round number, which is $1,000 per share.

We have surpassed that level, and we saw that as a major victory for Micron. The following week we rose even higher, and today we started to decline slightly. So, I say as long as we maintain the 1000 level, which is the previous breakout level, the chart will remain very good.

Of the five charts that I would place in the "good" category, three are facing significant resistance. Two of them, Meta and Micron , may pull back a little at the start of the week, underperforming the S&P 500 this morning, but there are clear levels to watch should any pullback occur.

And when you do that, you can see how Micron's stock was positively outperforming on the weekly RRG chart , right? The " micron" stock chart is truly impressive. It actually does this kind of periodic rotation away to the right of the y-axis, which is very encouraging.

And again, Micron, I would say it is one of the best courses in terms of this clockwise movement to the right of the y-axis.