jianhua85

MU Micron in a good momentum to break resistance

jianhua85 Updated   
NASDAQ:MU   Micron Technology
VPA shows a huge accumulation area, ascending wedge upwards, breaking resistance at 64-65, first time to see price not immediately gapping down. I believe a good place to take a Long position for one good push before we get into some form of stagflation.
Trade closed manually:
closed at 70... taking too long to run, we will have quarterly financial news in end sept which I have chose to op out here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.