MU potential buy setup
Updated
Reasons for bullish bias:
- Price has given channel breakout
- Entry at 0.382 fib retracement
- Earnings date is 20 March, it might pump up
- Safe Entry will be above 102
Here are the recommended trading levels:
Entry Level(CMP): 94.16
Stop Loss Level: 78.64
Take Profit Level 1: 109.68
Take Profit Level 2: Open
- Price has given channel breakout
- Entry at 0.382 fib retracement
- Earnings date is 20 March, it might pump up
- Safe Entry will be above 102
Here are the recommended trading levels:
Entry Level(CMP): 94.16
Stop Loss Level: 78.64
Take Profit Level 1: 109.68
Take Profit Level 2: Open
Trade active
TP1 hit
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