Micron pending a cup and handle break to the upside

MU is looking at a strong potential reversal to the upside after completing its larger corrective three wave structure. Currently, we have a bullish cup and handle formation and there is a strong likelihood of a break above 99.05 immediate resistance.

Momentum indicator is showing strong bullish upside ranging from short to long-term. Ichimoku has shown a three bullish golden cross formation.

Near-term target is at 114.15 and longer-term target is at 170.00. Key support is at 84.00