Home Market Pulse Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the...

Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the Day

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July 9, 2021

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This week was cut short by Independence Day. That makes it a good time to view Micron Technology (MU), which seems to have the spirit of 76.

The memory-chip maker had a false breakdown below that level on January 27. It quickly rebounded and returned to test $76 three times since mid-May. Interestingly, the current bounce is happening near …

For more, please click here to view the related idea and chart analysis on TradingView.

Micron Technology (MU), daily chart with selected patterns, courtesy of TradingView.

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