The bull flag has resolved. Here is where the risk and the opportunity now sit.

Micron Technology crossed $1,000 per share — a number that functions simultaneously as a genuine milestone and as the kind of headline that brings in exactly the wrong type of buyer. If you are a short-term trader trying to work out whether this is still a trade or merely a very good story arriving six weeks too late, the chart has a reasonably clear answer — with one important caveat about timing.

For traders willing to enter at current levels, the framework is straightforward:

Target: $1,160, the bull flag measured-move projection.

Stop: a daily close below $820, the level at which the breakout fails and the flag structure is invalidated — roughly an…