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Watch These Micron Price Levels as Stock Plummets on Weak Outlook
MUMicron Technology(MU) Investopedia·2024-12-19 04:15

Key TakeawaysMicron shares traded sharply lower in extended trading on Wednesday after the memory chip maker and Nvidia partner issued a weaker-than-expected current-quarter outlook. The stock looks set to stage a decisive breakdown below a trading range on Thursday, increasing the potential for further earnings-driven selling. Investors should monitor key price levels on Micron's chart around 85,85, 78, and 72,whilealsowatchinganimportantoverheadareanear72, while also watching an important overhead area near 97. Micron Technology (MU) shares traded sh ...