Trading expert sets date when Micron stock will hit $3,000
Following its explosive rally in 2026, semiconductor giant Micron Technology (NASDAQ: MU) could still have substantial upside ahead, with a trading expert projecting the stock may surge toward $3,000 over the next few years. In a analysis published on May 11, technical analyst argued that Micron is following a long-term chart structure similar to the companys historic rally during the late 1980s and 1990s technology boom. According to the analyst, the stock appears to be entering a temporary “pause phase” before another major breakout. The analysis noted that Micron has maintained a strong uptrend since rebounding from its April 2025 lows near the monthly 100-period moving average. said the current setup mirrors the companys historic post-IPO advance, which featured repeated cycles of sharp rallies followed by lengthy consolidations inside a broader ascending channel. The analyst also highlighted the monthly Relative Strength Index (RSI), which has climbed into heavily overbought territory near 89. The current structure resembles Microns “second pause” during its 1995 rally, when the stock traded sideways for an extended period before resuming its upward move. Based on the fractal analysis, projected that Micron could remain in consolidation through much of 2026 as momentum indicators cool while the broader bullish trend remains intact. The forecast then