In my opinion, MU-Micron Technology-is breaking out to the upside.
From a technical standpoint, Here are the positives for-MU:
1. Currently multiple buy Fractals.
2. The top upper indicator is a 5/34 oscillator, and this is positive. Very strong.
3. The alligator is feeding in the uptrend. A very strong uptrend.
4. Prices are trading above the Ichimoku Cloud .
5. The Momentum indicator (lower top) is strong. The is the Awesome Oscillator-(AO).
6. The Ichimoku Cloud is rising.
7. The 233 interval moving average trend line is rising (this is a Fibonacci number).
8. According to Bill Williams , you can establish an entry point, again and again, with each new valid Fractal .
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for a long time. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
MU-has consistently been strong. As you can see from the Fibonacci numbers for the breakout - MU-has paused at 1.272. I look for strength all the way to 1.618, or $36.73, but I would sell if the other trend indicators weaken.
May all of your trades go well. Don.
From a technical standpoint, Here are the positives for-MU:
1. Currently multiple buy Fractals.
2. The top upper indicator is a 5/34 oscillator, and this is positive. Very strong.
3. The alligator is feeding in the uptrend. A very strong uptrend.
4. Prices are trading above the Ichimoku Cloud .
5. The Momentum indicator (lower top) is strong. The is the Awesome Oscillator-(AO).
6. The Ichimoku Cloud is rising.
7. The 233 interval moving average trend line is rising (this is a Fibonacci number).
8. According to Bill Williams , you can establish an entry point, again and again, with each new valid Fractal .
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for a long time. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
MU-has consistently been strong. As you can see from the Fibonacci numbers for the breakout - MU-has paused at 1.272. I look for strength all the way to 1.618, or $36.73, but I would sell if the other trend indicators weaken.
May all of your trades go well. Don.
Ghi chú
After reviewing the chart I published, most of it was not visible. I assume this was a file save error. Please pull the chart down manually and adjust the right vertical prices ($24 on bottom, $38 on top) for you to effectively see the breakout pattern. Don.Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.