– The post (Jun 7) said “A long entry will be triggered on any print of 13.16”
– My undestanding was until 13.16 is reached is not an official trade.
– MU stopped out before reaching 13.16 so when MU stopped out was not an official trade.
– After reaching 11.58 (Jun 16th) it has been going up.
– Today in the pre market crossed the 13.16 and became an official trade.
– So now we are in official trade to be considered.

Is it correct?

Regards

@Gaucho Yes, Nice move in MU today.sideris548 also commented on it earlier & this was my reply (sorry, I didn’t catch your comment until now):
I see that MU hit what was the first target today but as the trade exceeded the official stop (and I’ve been behind on updating the trades), it should have been removed & is no longer an official trade so an update won’t be posted. With that being said, if you are long MU, this would be an objective time to either book partial or full profits OR raise stops to protect profits & let the trade ride up to the T2 or T3 levels as it looks fine from a technical perspective right now. I think an idea stop right now would be slightly below the 13.10 support level, say around 13.02-13.05, probably best to wait for a 30 or 60-minute close below 13.10 as well since it might overshoot that level if it comes back in to backtest it. (Correction: I had already updated MU after it exceeded the suggested stop so it is not listed as Active any more).

@sideris548 – I see that MU hit what was the first target today but as the trade exceeded the official stop (and I’ve been behind on updating the trades), it should have been removed & is no longer an official trade so an update won’t be posted. With that being said, if you are long MU, this would be an objective time to either book partial or full profits OR raise stops to protect profits & let the trade ride up to the T2 or T3 levels as it looks fine from a technical perspective right now. I think an idea stop right now would be slightly below the 13.10 support level, say around 13.02-13.05, probably best to wait for a 30 or 60-minute close below 13.10 as well since it might overshoot that level if it comes back in to backtest it.