Micron stuck in purgatory
The stock has entered a consolidation pattern, poised for a breakout to either direction soon.
The trends seem to indicate a possible move to the downside, looking at the MACD and 60-day and 180-day EMAs.
MU has exhausted the rocket fuel it gained from a good earnings report last month, as future estimates have flatlined.
The trends seem to indicate a possible move to the downside, looking at the MACD and 60-day and 180-day EMAs.
MU has exhausted the rocket fuel it gained from a good earnings report last month, as future estimates have flatlined.
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