August 25, $MU Market Analysis (With Long/Short Levels): The daily chart’s weakness is starting to show; wait for a good short opportunity.
In last night’s live stream, Director Ke mentioned the short position at 925–930. Last night’s high reached 923—only 2 points away from 925. So if we come again to 920, we need to watch whether price can push up directly. Therefore, that short from last night will not be placed again.
920 acts as the long/short pivot. If price goes back up again to at least 950, then it would be appropriate to look for short entries at the 950 and 960 zones. If we rush the move and enter at 935, our estimated stop loss is set above 975. If we rush the entry, we need to be prepared to accept a wider stop loss.
Coming back to the daily chart: it has broken below the mid-band again, so the overall daily outlook is bearish. What we’re watching now is whether 920 can still move upward, and then open shorts at the 4-hour resistance zone of 950–960. The overall structure of MU has been extremely clear—Director Ke really likes this kind of clean, straightforward price action. Do you like it too?
In last night’s live stream, Director Ke mentioned the short position at 925–930. Last night’s high reached 923—only 2 points away from 925. So if we come again to 920, we need to watch whether price can push up directly. Therefore, that short from last night will not be placed again.
920 acts as the long/short pivot. If price goes back up again to at least 950, then it would be appropriate to look for short entries at the 950 and 960 zones. If we rush the move and enter at 935, our estimated stop loss is set above 975. If we rush the entry, we need to be prepared to accept a wider stop loss.
Coming back to the daily chart: it has broken below the mid-band again, so the overall daily outlook is bearish. What we’re watching now is whether 920 can still move upward, and then open shorts at the 4-hour resistance zone of 950–960. The overall structure of MU has been extremely clear—Director Ke really likes this kind of clean, straightforward price action. Do you like it too?
