This stock has been gaining some territory on the last 5 days. At moment it broke out of the resistance line. The next resistance is approximately at 10.87 if breaks out of that resistance, I expect to go all the way up to 13.57. If the stock is not able to break the resistance lines, it will probably go down. 1 Day time frame the stock is overbought, so be...
MU has yielded its traders healthy profits over the last 6 months, though, as is typical in many stocks, MU has seen fast periods of rapid growth, followed by prolonged periods of rest. While I believe MU will continue to trend upward, I think we are about to see another period of consolidation.
For the last year MU has consolidated at every point of resistance,...
