Only thing missing here is volume on that breakout, but that can come any moment, NFLX has the tendency to run up before earning, and this could be no difference. RSI Divergence as a positive indicator too. Stop loss at structure. Great risk reward trade, short hold, sell before ER Great also for selling credit spreads
If you missed buying MU at 72, then now is your moment. On chart you can see, price bounced off the 38.2 few days ago. As in every other falling wedge we like to see increased volume on the lower side as in early May and 19th of June. Earnings couldn't push the stock over the wedge, but there's a really good chance MU wont go under 75 in the near future. Bullish...
Falling Wedge Perfect Eliot wave count on the way up 1,2,3,4,5, ABC correction wave Lingering at the 200 EMA and SMA (previous bounce zones) MACD rising from the beginning of the year RSI < 35 IV on call contracts is historically low, buying OTM August opex
Target $140 4/16
Wave 2 only Weekly chart completed, Wave 3 on the Daily (part of Wave 2 Weekly) completed. Beginning of Wave 3 on Weekly. MACD Improving, RSI at oversold levels. Nothing more to say, Jan 22' 300$ Calls. Chart Speaks for it self
Fib Extension perfect new high and retest previous high of 30$ is the perfect 38% of this breakout assuming is over and ready for correction
10,7 days to cover, stock expected to rally more, first target on chart
Perfect 4th wave retracement, Bullish flag forming while RSIs are low
Volume picks up on the last few hrs on trading day, potential move to the upside of channel
Retest at neckline and perfect fib retracement, watch for high volume to confirm major breakout
wave analysis, possible $280
breakdown under neckline, possible retest before heading to value level
$FB Look for H&S Throwback retest and possible breakout and low RSI
weekly options play, medium risk
BILI first target and and next pivot point