MU is in an uptrend rising channel was vroken down and correction has begun after about 50 fib level price found support at 40$ area tish week the company posted better then expected earnings resulting in 4% move higher price closed the gap and now starting to turn back up nothe that MACD is turning up as well price action is very bullish and i can see price closing gaps above current levels and attacking recent highs use small channel as trend indicator