MU back to normal?
MU, one of the highflyers of the last month, also had a powerful run during the last 2 years and reached 0,618 of "Minor"-wave 3. This is often the level (Fib.) where a final wave 5 terminates!
Bulltrap btw. and gaps need to be closed. Next TP: $29,82 Wait for confirmation.
Bulltrap btw. and gaps need to be closed. Next TP: $29,82 Wait for confirmation.
Note
Note
MU in a triangle probably. This pattern could also be a "Flat" instead, with target $56,73! If so, the coming wave "5" would be extended with 1st target at $44,50!
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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.