Have 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!!
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!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.