MU Trade Plan

$MU ‌#StockTradingChallengeUpTo17000U
Current Setup (1H Chart)
Price: 965.50 | +4.12% on the day
Near upper Bollinger Band (UB: 978.04) — extended
SuperTrend bullish at 916.61 (well below price)
MACD slightly bearish cross forming (DIF 11.89 barely above DEA 12.20)
Scenario A — Pullback Entry (Preferred)
Wait for a retrace to the Bollinger midband or SuperTrend zone before entering long.

Level
Entry
946–950 (BB midband area)
Stop Loss
Below 920 (BB lower band)
Target 1
978 (BB upper band)
Target 2
1,000+
R:R
~2:1
Scenario B — Breakout Entry
If price opens strong and clears 980.59 (today's high) with volume.

Level
Entry
982–985 breakout confirmation
Stop Loss
Below 965
Target
1,015–1,020
Key Risks
MACD near bearish cross → momentum fading
Price stretched near upper band → mean reversion likely
Market opens in ~1D 1h, gap risk is real
Bias: Bullish, but wait for a healthy pullback rather than chasing the +4% move.
This is technical analysis only, Always manage position size.