MU-Micron

I’m trying something new here , going to try attaching a 1 yr daily chart for MU. I put a fib retracement on it and see that so far has turned away from the 38.1.
RSI was getting close to overbought in the short term and the short term buying momentum has been slowing down as well. I do see though that there was a bullish divergence on the RSI when it made a higher low back on Dec. 24th.

The COMP has reached the 200 day and is now seeing if it can hold here and move higher or retrace down from here. The longer term chart could possibly be forming the right shoulder in a head and shoulders pattern. Most analysts on tv though seem to think we’re just going to be in a large sideways trading range for the remainder of the year.