Micron Technology saw $5.6 billion in dark pool prints including two 600,000-share blocks. The stock has an $73 average true range. Bullish targets range from $1,025 to $1,082.22 if it breaks above $1,000, with bearish support at $936.
Chapters
The largest trades in the last month. We sitting here May 13th. You can see these ones: 600,000, 600,000. Look at these millions and millions of dollars, right? This is a thousand dollar stock, and then there's 600,000 shares of this. This massive amount of money. So we've pulled back increasing volume. Got a print moving up. Moved up here May 26th increasing volume. That looks like a decent swing entry. They added more. Here, and then we had this pullback. We pulled up to the 690K, closed below it, and then the entire market pulled back last week on Friday with the non-farm payrolls. But then it looks like we're moving above this consolidation print again here, so we could have a target up here at 1,045 anyway. Let's see the ATR on this, $73, which is ridiculous. That's about 8 or 9% of the price of the stock. But anyway, let's see if this can move up. We also have a retracement trade. Back. So let's go ahead and see on the left-hand side. We're going to be bullish above a thousand. We've got the high of this candle here, which is nine ninety four, and then we've got a pivot here at nine ninety seven. So well, we needed a thousand. So let's make sure that this holds in order to go long. Target a thousand twelve fifty, a thousand twenty five, a thousand thirty five eighty one. Which is R3. Then we've got 1,045.58, which is the 690K print that I pointed out. 1,060, 1,082.22 is R4. So there's some nice pockets here on the upside. The downside is a little tighter. You can see all these pivots and cams and the post-market support here, so it's a little tighter. But we're going to be bearish below 936. We have to get all the way down here. 936 level, there's not enough room to take profit. So if you look at this 974 to 969, that's $5. It's a $1,000 stock. The ATR, you probably need that anyway just for a stop out, like for how, how quickly it moves, right? So I'm doing this and you might disagree with it, but because it moves so much in the ATR, we need to get below this post-market. Support. So I've mapped it out. 936 target, 923.73 down here. So we've got this pocket in here, so that's giving you like 13-point move rather than these small $3 or $4 moves. You'd have to be quite the stealthy sniper for that. 922.87 is a cam right here. 910, 901.17 is a cam. 896.46 and then 888. Right here is $590K. All right, let's move on to Rocket Lab.
