simonsays452

MU Disappointing Price Action

NASDAQ:MU   MICRON TECHNOLOGY INC
11 0 1
Since rumours that Micron was involved in takeover discussion ended, the stock has lost its momentum. The Street's attack on Einhorn's holdings hasn't helped either. Yesterday, the stock lost the 16 support level and looks to be headed lower. Until there's a catalyst, I think the stock is range-bound between 14 and 16.
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