MU shows a strong pattern of higher highs and higher lows and a good risk reward ratio. EMA cross is up and and MACD and ADX & DI confirm further upward movement. Thus we can participate in this swing
Upside targets are
T1 57.29
T2 63.40
T3 67.98
T4 73.44
SL 47 (below previous low
Risk to reward ratio is 2.73
Upside targets are
T1 57.29
T2 63.40
T3 67.98
T4 73.44
SL 47 (below previous low
Risk to reward ratio is 2.73
Trade closed: stop reached
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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.
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.