[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Pavlos D ✈️ [@d_pavlos](/creator/twitter/d_pavlos) on x 17K followers Created: 2025-07-17 05:15:37 UTC $MU Wave X correction $MU closed at $116.43, down -XXXX% The decline follows an extended Wave X rally, and price action is now probing support near the $XXX zone. 🔑 Key Levels – $MU Resistance: $XXXXXX → $XXXXXX → $XXXXXX Support: $XXXXXX → $XXXXXX → $XXXXXX → $XXXXXX → $XXXXX 🔍 Structure & Outlook Following a textbook Wave X advance — featuring multiple gaps and overextended momentum — $MU appears to be forming a Wave X correction. Price is weakening under the 20-day moving average, and indicators such as MACD and RSI are pointing to continued consolidation. The primary Wave X target zone lies between $XXXXXX and $104.00, defined by: The XXXXX Fibonacci retracement of Wave X. A mid-channel support level. Prior gap-fill and structural demand. This zone is ideal for a Wave X low to form, allowing the Wave X advance to emerge. 🧭 Path Forward A bounce from $109–$104 would be constructive and consistent with classic Wave X behavior (shallow, choppy, time-based). A close below $XXX increases risk for a deeper correction. $XX serves as a maximum guideline for Wave X depth in standard Elliott Wave rules. A breakout above $XXXXXX post-correction would confirm a likely Wave X in progress. 🎯 Wave X Trading Plan (If Bounce from Target Zone) Entry Zone: Watch for bullish confirmation (e.g., bullish engulfing, hammer candle, MACD cross, or RSI divergence) in the $109.56–$104.00 zone. Initial Trigger: Break and hold above $114.11, the prior short-term support turned resistance. Wave X Upside Targets (Projection-Based): XXXX extension of Wave X = ~$132–$135 XXXXX extension of Wave X = ~$138 Measured target based on channel = ~$140–$145 (if slope holds) Invalidation Zone: A daily close below $XXXXX would invalidate this Wave 4/5 setup structurally and suggest reassessment of the count. Risk Management Notes: Avoid entries while price is still dropping impulsively. Look for 5-wave impulse off the low + 3-wave pullback for a high-probability Wave X setup (entry on the 2nd wave low). Trail stops progressively through resistance zones as Wave X unfolds. For more insights, visit #MU #Nasdaq100 #stocks #trading #elliottwave #technicalanalysis #fibonacci #investing #TradeSelliot #stockmarket  XXXXX engagements  **Related Topics** [momentum](/topic/momentum) [$mu](/topic/$mu) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/d_pavlos/status/1945713980355342506)
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Pavlos D ✈️ @d_pavlos on x 17K followers
Created: 2025-07-17 05:15:37 UTC
$MU Wave X correction
$MU closed at $116.43, down -XXXX% The decline follows an extended Wave X rally, and price action is now probing support near the $XXX zone.
🔑 Key Levels – $MU Resistance: $XXXXXX → $XXXXXX → $XXXXXX Support: $XXXXXX → $XXXXXX → $XXXXXX → $XXXXXX → $XXXXX
🔍 Structure & Outlook Following a textbook Wave X advance — featuring multiple gaps and overextended momentum — $MU appears to be forming a Wave X correction. Price is weakening under the 20-day moving average, and indicators such as MACD and RSI are pointing to continued consolidation.
The primary Wave X target zone lies between $XXXXXX and $104.00, defined by: The XXXXX Fibonacci retracement of Wave X. A mid-channel support level. Prior gap-fill and structural demand.
This zone is ideal for a Wave X low to form, allowing the Wave X advance to emerge.
🧭 Path Forward A bounce from $109–$104 would be constructive and consistent with classic Wave X behavior (shallow, choppy, time-based). A close below $XXX increases risk for a deeper correction. $XX serves as a maximum guideline for Wave X depth in standard Elliott Wave rules. A breakout above $XXXXXX post-correction would confirm a likely Wave X in progress.
🎯 Wave X Trading Plan (If Bounce from Target Zone) Entry Zone: Watch for bullish confirmation (e.g., bullish engulfing, hammer candle, MACD cross, or RSI divergence) in the $109.56–$104.00 zone.
Initial Trigger: Break and hold above $114.11, the prior short-term support turned resistance.
Wave X Upside Targets (Projection-Based): XXXX extension of Wave X = ~$132–$135 XXXXX extension of Wave X = ~$138
Measured target based on channel = ~$140–$145 (if slope holds)
Invalidation Zone: A daily close below $XXXXX would invalidate this Wave 4/5 setup structurally and suggest reassessment of the count.
Risk Management Notes: Avoid entries while price is still dropping impulsively. Look for 5-wave impulse off the low + 3-wave pullback for a high-probability Wave X setup (entry on the 2nd wave low). Trail stops progressively through resistance zones as Wave X unfolds.
For more insights, visit
#MU #Nasdaq100 #stocks #trading #elliottwave #technicalanalysis #fibonacci #investing #TradeSelliot #stockmarket
XXXXX engagements
Related Topics momentum $mu stocks technology