bhowe

MU

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NASDAQ:MU   Micron Technology
mu
Looking at MU, if I owned it I would hold it. It looks to be at a good spot to get a bounce. RIS and %R very oversold. Some buying volume coming in. Notice the blue boxes on the left? Thats the last time it got this oversold. It did work its way higher. Notice the blue arrow? That may be where you are Today. So, this may go sideways a bit before moving higher. Notice the horizontal dotted red line? That seems to be support. Expect a bounce off of it. So for now, I would be long.

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