MU (Micron Semiconductors) is in the midst of war between US and China?
In spite of great reports and analysts expectations earlier this year, the price plunges.
This is an update on the forecast published here six months ago.
5-Layer Model Description
The 5-Layer model provides future price directions in 5 different resolutions:
(1) Yearly model, (Dark Blue), corresponds to a ~250 bars detrended cycle
(2) Quarterly model, (Light Blue), corresponds to a ~100 bars detrended cycle
(3) Monthly model, (Green), corresponds to a ~50 bars detrended cycle
(4) Weekly model, (Orange), corresponds to a ~20 bars detrended cycle
(5) Daily model, (Velvet), corresponds to a ~10 bars detrended cycle