Technical Analysis Of Micron Technology Inc.

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Today’s instrument is Micron Technology Inc. traded in the Nasdaq exchange under the ticker MU

Looking at MU‘s chart, we see that it was lastly traded at around $58.15. Last night, Fed increased the interest rates an additional 0.25%, and this should have a negative impact on tech stocks, therefore today we should expect a drop in the price towards its support level which is located at around $57 where a technical upward reaction could be possible.

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 AAATrade's Intraday Technical Analysis of Micron Technology Inc. - 23/03/2023

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