https://www.tradingview.com/x/uZjxwJ7c/
MU is looking to break out into all time highs from its previous highs back in 2000.
MACD still looks strong but volume is my only concern. RSI still has room to grow but starting to reach overbought levels.
Put/Call Ratio for the coming week is .32 and .30 for the following week. This indicates money is expecting an increase in price.
If it breaks out look for the 1.382 Fib level for a possible target.
Keep your eye onMU as it will definitely be on my watchlist this coming week.
Market is closed tomorrow due to MLK day.
Leave your thoughts below in the comment section. Best of luck traders!
MU is looking to break out into all time highs from its previous highs back in 2000. MACD still looks strong but volume is my only concern. RSI still has room to grow but starting to reach overbought levels.
Put/Call Ratio for the coming week is .32 and .30 for the following week. This indicates money is expecting an increase in price.
If it breaks out look for the 1.382 Fib level for a possible target.
Keep your eye on
MU as it will definitely be on my watchlist this coming week. Market is closed tomorrow due to MLK day.
Leave your thoughts below in the comment section. Best of luck traders!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.