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Undertow
Dec 29, 2015 4:07 PM

Break below neckline Short

Micron Technology, Inc.NASDAQ

Description

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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