MU

I found interesting uptrend stock. The ticker symbol is MU.
It is uptrending stock. The price has bouncing few times when testing MA 20 days.
MU pullback yesterday and reach near MA 20 days ($7.84) and fibonacci 23.6% retracement at around $7.78. This is a good setup for buy on support strategy.
The plan is to buy stock when it retrace around $7.78-7.84 price or buy call option Nov'09 8 call

The chart as below (Sept 24 closing price)






List of options per Sept 24 closing price



Remember, always calculate your risk, don't use more than 5% of your total capital for one position.
If you buy stock, please set stop loss minus 8% from you buy price, if you buy option, please set stop loss minus 50%-80% from you buy price.
We must always now when to exit when the worst comes before entering the trade.


Best regards

Snip