Micron Technology Inc - Rectangle bottom

17 Şub

Rectangle bottom as seen in the chart.
Tend to breakout from support.

Option A: To buy @ 83 which is at the bottom of the rectangle.
If it does not break out, we can minimize loss if it breaks downward.

Option B: To buy @ 114 when it breaks out of the chart.

Indicator
Break upward, when the candles closes above the support trend line

Stop loss:
Break downward, when the candle closes below the resistance trend line.

18 Şub

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Rectangle bottom. Buy opportunity.

Option A: To buy @ 83 which is at the bottom of the rectangle.
If it does not move upwards and break out at the resistance of 114, we can minimize loss if it breaks downward below 83.

Option B: To buy @ 114 when it breaks out of the resistance line.

Indicator
Break upward, when the candles closes above the resistance trend line

Stop loss:
Break downward, when the candle closes below the support trend line.

3 Mar

İşlem aktif

Started buy trade at 91.18.
The price is near the lower trend line.

4 Nis

İşlem kapandı: durdurma seviyesi

Closed at 83.
Loss @ 9%.