Take-Off for Micron Technology📈

By p4917
Updated
  • above all moving averages
  • has just broken through the decending trendline
  • bullish seasonality


Expecting the price to rise in the next weeks and months.
Comment
Edit: TP moved down to 74.97 USD
Order cancelled
Order cancelled because premarket price is way down. Need to reevaluate this one ...
Comment
IMO it doesn't look very good. As long as we close below the trendline on the daily chart I doubt my bullish tendency. If we make a close above the trendline(s) I reconsider going long.

snapshot
Trade active
Okay, the rebound was high enough so I've placed a new order here. Let's see how this works out.

snapshot
Trade active
Entered at 60.80
Let's see where it goes ;)
Trade closed: stop reached
Stop reached. Price was falling below the trendline. Seems like the bullish case is closed now - I see no more trade opportunities in this stock ATM.

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breakoutsignalbreakouttradingbullishbreakoutbullishseasonalityMoving AveragesmovingaveragesetseasonalitiesSeasonalityseasonality-tradingseasonaltendenciesseasonaltradeTrend Lines

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