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$MU and $BANK are preparing to go long!
$MU is currently repeatedly moving back and forth near the moving average support area. This spot could squeeze the shorts at any moment and test the resistance level at 857. For entry, watch the range of 840.7 to 850.91. For upside targets, first look at 883.58 and 913.80.
However, pay attention to the risk: if the 850 support breaks down, it may see a deep pullback to the MA25 area at 844. Defense can be set at 815.48.
Also, $BANK is about time to go long as well.
Everyone, absolutely don’t go all-in—control your position size based on your own account.