MU is probably in an "Minuette"-wave 4 with an "TriangleAscDesc" pattern, because wave "d" has no impulsive wave count 1-2-3-4-5. Wait until the last ABC-wave "e" has finished at $ 28.77 or $ 28.47 to go long. Fibo-Level 0.382 at $ 28.58. (Probably fast reversal in the following extended wave "5", with min. target $ 32.)
Comment:
Not in a "Minuette"-degree! It's a "Minute"-degree (blue)!
Comment:
Just to be absolutly conform with the rules: Impulse-wave "3" (blue) must end at 2017-05-10, 10:15! So, wave "a" (red) is allowed to be an "ExpandedFlat" with an ABC count. - I go long slightly above $28.77, after having finished the coming minor ABC-pattern of "e". Stoploss 28.30!
Comment:
Low at 2017-05-15, 14:25 28.73 Price intends to jump...
(BTW, wave "4" has not been an ABCDE-pattern, it has been a WXY)
(BTW, wave "4" has not been an ABCDE-pattern, it has been a WXY)