NASDAQ:MU   MICRON TECHNOLOGY INC
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Micron Technology is probably in a "Micro" -wave 3 or just about to finish wave 2. MU tries to break the resistance line of its mediumterm trading channel. There will be further resistance at $ 36.40 (Top of "Intermediate" -wave 1). This also could be the level, where consolidation starts (See magenta line at .382, $ 26.50), which I don't believe, because the whole market started a new cycle, and MU has not shown any weakness during the last weeks.

Wolf

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