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$MU Trade Idea: Sept 25 1070C
Trigger: 1000 â
Targets: 1042, 1068 đ¯
Stop: 970 đ
MU moved from 902 to 1016 last week and is setting up for another move higher.
1042 is the key breakout level this week. If MU can get through 1042, a move toward 1100 comes into play.
MU earnings are Sept. 30. A positive reaction could put 1250+ back in play.
Calls can work above 1000 this week.