Momentum Shift?

Momentum could be turning on one of the hotter stocks of 2017.

After a sharp decline from near 17 year highs, $MU's momentum has recently turned and with it comes the possibility of renewed upside momentum.  Option prices offer a decent risk/reward with the $44 weekly calls trading  at $.47 a respectable opportunity if the momentum signal proves to precede a sharp move higher in the short term.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

More Posts by UPB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply