i have no idea if you're right or not, as i am not as advanced as you might be, but "the chart to the right of this mb" is a daily chart.
also, your analysis is really not helpful, as it just comes off like you are providing argument for both the up, & down side. a daily chart analysis is probably most helpful, at least to me.
for me, the general trend of this stock is up, & barring a collapse in the overall markets, i'm bullish on MU.
I'd like to encourage you guys to leave feedback to the Beta Yahoo Finance site. I think it slow, & full of fluff. I like the old site, i know where everything is, and though it wasn't pretty, it was chock full of info.
read the article, my take away from it was, that, this new chip is the next wave, otherwise HP, & SNDK wouldn't be getting into the fray. & once order start trickling in for the 3D X, MU will get another lift up.
tad confused, i don't see a head & shoulders, & isnt the head suppose to be higher then the shoulder. that does not look like a head & shoulders pattern.
stocks don't go straight up (or vice versa). it's a dance, & you should know that.
an intraday cross of 18 on point & figures chart is a positive.
& who are you to say, that, that is what's going to happen.
if you're such an expert, you wouldn't be currently touting the short side.
with each passing quarter, this cyclical stock will only head to greener pastures.
while you pondering why the numbers were better then expected, the stock has moved another $1.81 to the upside.