JaviCharts

MU Bull

Long
JaviCharts Updated   
NASDAQ:MU   Micron Technology
Thesis: Touched bottom of channel and working back towards top line. Could be that big players drove this down and got in cheaper before earnings. Semis look good.

Trigger: >$74.75 w/ high rel vol

Trade Vehicles:
Degen: 9/17 $77.5C @$0.37
Conservative: 10/18 $80C $1.28
Order cancelled:
It didn't go over the trigger level so no trade long. Could have shorted it today as it lost yesterday's lows. Could fall to $70

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.