Stock Of The Day: Micron Technology Price Level Converts From Support To Resistance And Vice Versa
Portfolio Pulse from Mark Putrino
Micron Technology (NASDAQ:MU) has been identified as the Stock of the Day due to its clear support and resistance levels, particularly at $108.80. The stock's price levels have been converting between support and resistance, influenced by buyer's and seller's remorse. Recent upbeat quarterly results have contributed to its upward trajectory.
September 26, 2024 | 9:03 pm
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Micron Technology's stock is experiencing a clear pattern of support and resistance at the $108.80 level. Recent positive quarterly results have contributed to its upward trend, making it a focal point for traders.
The article highlights Micron's clear support and resistance levels, particularly at $108.80, which are crucial for traders. The recent positive earnings report has further fueled its upward trajectory, indicating a likely short-term price increase.
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