MU hitting some headwinds

42 0 2
On 4AUG I diagrammed a possible trade set up with less-than-optimal Risk to Reward ratios. During trading on 5AUG, MU met some serious resistance that stopped all bullish progress on the 5-minute chart. This battle is making the already not-so-high first target of the trade set up seem more daunting. It may take MU some time to build up some more bullish support to break these resistances to break higher. If this support doesn't come in the next few days, we may see a pull back towards the SMA 50 on the daily chart .

This analyis is part of a trading challenge I am doing where I only indicate trades with the SMA 50
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out