This trade happened just after I tried AMD and was the same kind of setup.
I was a bit too early as MU did not trade as clean. I was quick with my exits/entries when it did not resolve quick enough. Took too small size though.
I waited before my first entry as .90 tested and offer lifted after the 2nd candle opened and tested above .90. But I wanted to see a pullback that happened moments later.
Used the break of that candle then for an entry, but we just saw .94 and I took a partial.
When it pulled back to .90 and held the bid I put in my bid and was filled. Weakness. It dropped and exit .87 for loss. Now I waited.
MU pulled back/dropped. BUT, it found a bid again and now formed a nice decision candle with a long lower wick. NOW I took the break of the highs at .92 for an entry to sell for 13ct. Good trade.
However, way too early. MU put in a nice run higher. The break of highs after the tiny pullback would have allowed for an re-entry.
MU traded slowly and a bit erratic. It put in the move I wished in AMD for, but I expected MU to be as choppy as AMD... even though MU just broke out on the daily and is keen for a run compared to AMD.
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