Long MU on two strong bullish reasons

Reasoning is as follows

• Look what happens when daily price breaches lower bollinger band (highlighted in green circles) - price rips back up
  
• Price is just hovering on channel support
  

These two reasons are clear enough for me that price will revert up. One thing to note, there is a strong VPOC node in the $42 - $43 area (not shown here) as well.

Comment:

Grabbed 5xSEP14 50 calls at 0.15, will add more next week.

Comment:

Check this out: