MU broke nicely from a weekly bullflag
AMD forming a monthly bullflag
Comment:
As AMD rises out of the monthly bullflag (see prior post) caution at key pivot 15.65 (previous weekly high). This would set up a Turtle Soup Sell on the WEEKLY chart. Same rules. Note: Key pivots are often traded through repeatedly.
MU is currently on a Turtle Soup Sell on the WEEKLY (posted 5/30)
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MU is currently on a Turtle Soup Sell on the WEEKLY (posted 5/30)