Post
mahnoor999
xMU (Micron Technology) Market Outlook ๐๐พ
Looking at the xMU 1D chart, the price sits at $760.70 after sliding down from a high of $xMU 1,094.55 to a low of $753.10.
Historically memory chip stocks experience major cyclical swings. Micron reached an all-time high of $xMU 1,255.00 earlier this year before entering a heavy pull-back dropping over 27% in the past 30 days.
If it holds support around the $750โ$760 zone my best prediction is a bounce back up toward the $880โ$950 resistance level.
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