Just broke your imaginary formation. I'd say a bullish double bottom is more accurate. MU moves back to the 20s from here.
Sentiment: Strong Buy
That statement would be false. Perhaps you should go do a little research before posting. and besides I am talking about FORWARD P/E ...you do know you are supposed to invest in FUTURE EARNINGS AND GROWTH?!?
Pretty amazing multiple even assuming the gravest supply/demand horror story.