MU nice inside day last FridayMU nice inside day setting up for a buy through 86.50 off this major trendline.
MU trade ideas
MUMU: Bounced off KL of 86.52. Poised to recapture the upside if it holds above 20ma over time. Has an expected earnings growth rate of 93.6% for the current year (ending 08/2021). The company has a long-term growth rate of 15.7%. Current price: 87.92
MU Triple Top inside Triple TopI like the price action for a bearish play on NASDAQ: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.
Short !!!Ein extrem starker Wiederstand. wenn dieser überwunden deutliches kaufsignal. aber meiner meinung nach short !!!
$MU with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MU after a Positive over reaction following its earnings release placing the stock in drift B
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Classic Double TopDouble Top+Crossing below the support+pullbakc and rejection = perfect short opportunity
MU: Ascending Triangle (27%), Bullish Flag (54%)Primary Target (short term):
Ascending Triangle (27%)
PT = 121.95$
Secondary Target (Long term):
Bullish Flag (54%)
PT = 148.63$
MU Breakdown of SupportOnce it broke the 87 are we cut our longs, now we are looking to find support. Double top formed so waiting to see how this plays out. If it loses 81.75 area next big support is all the way to 75 area small support at 77.
$MU might be breaking trend It could possibly be too early to tell, but MU appears to be breaking trend. Not investment advise, just some possible TA.
MU Breakout WatchMU closed the gap last week which can mean the stock is ready to move higher. Watching for a breakout here but it may just end up following the trendline and not breakout. SL below trendline
MU retest Breakout MU still has ER coming and retested the longer term trendline. Looking for this to break out and retest the 95 area if overall market stays strong. Looking for April 95 calls again.
MU bull flag Bull flag from the long term trendline. ER at end of the month should see some run up to that. Semis have been strong lately and growth sector. Took 4/16 95c at 2.7 looking for 4+
$MU Weekly inside bar $MU building higher lows on the daily over green dotted line is weekly inside bar volume, long pre market range break 89's
MU cup formed over two decadesStill a while left before the handle forms, but something to keep an eye on. Should be an explosive move when the pattern eventually completes.
$MU Strat/Flow/DarkPoolTrade idea based on multiple factors:
Option Flow
DarkPool Orders
Strat Broadening Formation
Significant Sized Option Flow usually shows up first.
January 15th 2021 in the case for $MU
Followed by large Darkpool orders
Strat provides a lower low on the broadening formation and opportunity for time frame continuity to go green on multiple time frames.
Contract Price for 4/16 $80 was around $7 and exit price was around $13
