Trend Signal Now: From Tight Coil to 4X

Tuesday, June 17, 2025

When semis finally started to perk up earlier this month, I zeroed in on one of the cleanest setups I've seen in a while: Micron $MU.

It was coiling tight — right below a massive confluence of resistance. We're talking the VWAP from all-time highs and the past cycle peak from the dot-com bubble. That's serious price memory.

I don't care what you call the pattern — flag, pennant, triangle — when it winds up like that at a key level, I'm betting on a breakout.

So I stepped in and bought the MU 7/18 $120 calls for $2.40.

Three days later, they doubled. I took half off the table and let the rest ride, risk-free.

Fast forward to today… those contracts are trading above $10. That second half turned into a 4x.

Here's the MU chart we were watching:

That's the kind of move we target every week inside Breakout Multiplier.

Tight ranges. Defined risk. Explosive upside.

Want to get the next one?

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Steve Strazza | Chief Market Strategist, All Star Charts

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