MU falls short of 1.618 extension target, Jake Wujastyk notes

MU falls short of 1.618 extension target, Jake Wujastyk notes
MU misses 1.618 extension target

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.

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