From the current $64.50 level on Micron, swing traders should expect a pullback to $57.90 within a week or two.
Shares of Micron Technology (MU) has rallied sharply into a double top on the daily stock chart. The Micron stock chart analysis dictates a pullback in the coming days off this level. The semiconductor sector is overbought as a whole with an RSI near 70. From the current $64.50 level on Micron, swing traders should expect a pullback to $57.90 within a week or two.
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