ilan.birnboim

short MU below the reversal

Short
NASDAQ:MU   Micron Technology
1
MU- obvios down trend after breaking the support of the trend line showing that still have power to fall.
plus the cross of EMA 20 under the EMA 200 gives us the bearish signal we needed to get in to short position.
sell stop below the the red reversal - 28.84
stop loss on top of the high - 29.99
first target - 26.50

Disclaimer

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.