norok

MU Triple Top inside Triple Top

Short
norok Wizard Updated   
NASDAQ:MU   Micron Technology
I like the price action for a bearish play on MU . This morning spiked to make a local triple top which is also creating a Daily timeframe triple top.

This is a good example of using Multiple Timeframe Analysis as I talked about in my last video idea, linked below. We are using a short term timeframe setup combined with a higher timeframe setup.

Options also have very good spreads.
Trade closed: target reached:
Took profit on shares and Puts

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