Micron Technology, Inc.
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Micron Technology, Inc.(MU): Price Breaks Above Resistance Line

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Micron Technology stock (NADAQ: MU) is surging today, up over 12% to $970.99, driven by bullish Wall Street analysts upgrades and a broader rebound in AI related hardware. The massive rally is primarily fueled by optimistic reports from major banks framing recent sector sell-offs as a prime buying opportunity.

Technical Insight:
MU partially broke above the lower resistance line, as of earlier today. Price jumped from $867-$916, in respect to the structure. Stock have been trending on Lower high and Lower low, for a few weeks now. We are anticipating a buy continuation, after retest.

Key Points:
A clear reverse within $891-$914, activates a buy position, eyeing $1,020, as next potential bullish.

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Price is almost at our target

Hold your position!

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