Undertow
Short

Break below neckline

NASDAQ:MU   MICRON TECHNOLOGY INC
42 0 0
Fundamentally it appears their is still more room for $MU to drop.
Micron Technology's FQ2 2016 Guidance (Non GAAP) is a loss of -0.12 to -0.05 per share. Much worse than expected.
Gartner             forecasts an oversupply in DRAM in 2016.
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