Take-Off for Micron Technology📈 for NASDAQ:MU by p4917 — TradingView

Trend Lines Moving Averages Seasonality breakouttrading breakoutsignal movingaverageset bullishbreakout bullishseasonality seasonality-trading seasonalities seasonaltendencies seasonaltrade

trendline movingaverage seasonality breakouttrading breakoutsignal movingaverageset bullishbreakout bullishseasonality seasonality-trading seasonalities seasonaltendencies seasonaltrade

above all moving averages
has just broken through the decending trendline
bullish seasonality

Expecting the price to rise in the next weeks and months.

Comment:

Edit: TP moved down to 74.97 USD

Order cancelled:

Order cancelled because premarket price is way down. Need to reevaluate this one ...

Comment:

IMO it doesn't look very good. As long as we close below the trendline on the daily chart I doubt my bullish tendency. If we make a close above the trendline(s) I reconsider going long.

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Trade active:

Okay, the rebound was high enough so I've placed a new order here. Let's see how this works out.

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Trade active:

Entered at 60.80
Let's see where it goes ;)

Trade closed: stop reached:

Stop reached. Price was falling below the trendline. Seems like the bullish case is closed now - I see no more trade opportunities in this stock ATM.

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