Micron Technologies (MU) has become one of my favorite trades of the past few months. 

I originally spotted this beauty of a chart based off of triangle breakout back on October 29th. I provided my trade setup to members of the Trading Block. As MU pulled back and held the breakout level, it absolutely soared to incredible heights. 

Here is the trade setup that I originally sent out: 

mu long setup

Here’s what has happened since:

mu stock rally micron

Pretty good trade I must say! But it goes back to the idea of cutting losers short, and losing fast, and letting winners run, and winning slowly. So much of trading revolves around traders searching out instant gratification, but when you actually do the work, chart out the opportunities and define what you are hoping to accomplish with each trade, the opportunities are limitless. 

I provide trade setups like these each and every day in the SharePlanner Trading Block and would encourage you to at least give the 7-day trial a shot if you haven’t done so already!

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