I predict MU will make a move higher and start an upward trend within the next two weeks. Looking at the chart starting back a little more than 3 months ago, we see a triangle pattern where the high and low trends are converging. Look for the price to breach one of these trends and make a move (hopefully upwards) within the next week or two.
From a business...
Price target has been raised to $25 by Cowen & Co.
Q2 results were strong, and now their biggest competitor Intel (INTC) is feeling the heat.
I have been long this stock for 2 months and will stay in it, as I see more upside to come.