MuHave been watching this guy for a while. Huge rising trend support. Massive correction. Huge falling wedge. This week has been due or die for Mu. It needed to hold 70$ support. So far got a beautiful pop off that support. Key resiatxne is above 83$ for a large easy swing to potential 108$. However the breakout of the wedge is around 78.90$. We have a shit ton of resiatnce in the range from 70-78$ which may be a struggle to clear. However as long as we hold down to 70$ range this could be gearing up for a massive move
Daily 20ema is at 72.51 which we have so far popped above. Is this setting up for a big big move?! Or will the resistance above be too much to overcome? Find out next on stock week! Lol!!
Trade safe use risk management Good luck!!