Hlib Chabaniuk

Scott Redler: Power play in MU and position trimmed at $32.60

Scott Redler: Power play in MU and position trimmed at $32.60
MU trimmed at $32.60 after strong move

Scott Redler, chief strategic officer at T3 Live and T3 Trading Group., reported a strong performance from MU in trading action yesterday, describing it as a "power play."

He mentioned that today was an even better first day and confirmed trimming some of his MUU holdings at $32.60, noting that he still maintains a position.

Earlier this week, Scott Redler observed markets consolidating after a rally, highlighting support in SPCX and opportunities in MU, MULL, and SNDK in a recent note. He previously pointed to SPX reaching a record high at 7758 and described equities as maintaining an upward trend in a prior report. Redler continues to track sector leaders and trading setups closely.

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