Looking at a logarithmic chart on the daily time-span, we see a fantastic channel forming. This stock looks poised for another major move upward. Minimum profit target of $50, but that's if it hits the middle of the . In reality, don't be shocked to see 57 or 60 by next . seems like it's about to move again on the daily as well.
On the shorter time frame (30 Minute), is looking good, as well as a positive 5-day Moving Average. MU is above its yearly and so if it gets above 45.50, I think we could see a nice move from MU, a very profitable one.
Keep this one on your watch list guys, the in MU mixed with the undervaluation (and yes, this stock is ridiculously undervalued) means major gains could be heading into our pockets.