MU sold off on earnings but so far they supporting price. When a stock doesn't sell off on bad numbers it makes you think there are buyers waiting for the dips. I don't even have it crossing a weekly or monthly fib fan zone. Any ones guess if it can hold up. I'd feel better to see a rapid dip below to accumulate. Right here the auction seems in parity. I suggest waiting for a zone cross higher or breaking down out of the zone. Option premium killer here.
Monthly support 43.5 @61.8% support is key for any upside rally. Next support 37.
hellreturn
⋅
People are selling their stocks back to Micron. If stupid people would stop selling, they can sell back to MU at higher prices. But as they say, fear rules.