Micron Stock: a Coiled Spring Ready to Pounce Ahead of Earnings?
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4 Articles
Micron shares return to the spotlight after a two-speed session. The MU title closed at $1000.26, in sharp retracing from the maximum intraday of $1041.07. The price remains however above all long-term moving averages: the bottom trend is not compromised. However, the pullback from the maximum and [...]
Micron Stock Slides From $1,041 High to $1,000 Close as Momentum Cools
Micron stock is undergoing a stress test. After a powerful rally above $1,000, the September 8 daily candle told a different story: an open near $1,036.83, a high at $1,041.07, and a close at $1,000.26. The broader chart still points higher - making this setup worth a careful read. MU - daily chart...
Micron stock: a coiled spring ready to pounce ahead of earnings?
Micron stock has staged a strong recovery this week, reaching near its highest level since July 2nd this year. MU jumped to $1,016, up by nearly 40% from its lowest level in July, and technical and fundamental factors suggest further upside.Micron stock technical analysisThe daily chart shows that the MU stock has been in a strong rebound in the past few days, rising from a low of $736 in July to the current $1,016.This rebound has coincided wit…
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