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Jake Wujastyk, founder / CEO at TrendSpider, observed that MU missed the 1.618 extension of the measured move from May 11th to 19th by 0.5% today.
This technical level was closely watched as a potential target in the stock's recent movement.
Wujastyk has commented on stocks that maintained gains while the broader market fell, suggesting these could become leading names in future sessions in a recent commentary. He also recently launched an X Subscription service offering detailed trade analysis and weekly sessions for subscribers. These developments reflect Wujastyk’s continued engagement with active traders and market trends.