Market Analysis: $MU
(Micron Technology, Inc.)
Key Levels:
* Recent High: $959.34
* Recent Low: $916.01
* At Close: -$0.9893 (-0.10%)
* Pre-Market Price: $944.275 (+0.66%)
* Resistance Zone: $944.89 - $959.34
* Support Zone: $930.45 - $916.01
Possible Scenario:
$MU is trading around $944.275 in pre-market, showing a minor 0.66% gain as price bounces back up from mid-session lows.
Price action is currently testing immediate resistance near $944.89. If buyers sustain momentum and push past this level, a recovery attempt toward the session peak at $959.34 could follow.
However, if rejection occurs near current resistance, price may pull back to retest intermediate support at $930.45, with potential downside toward lower support at $916.01 if selling pressure builds.
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DYOR (Do Your Own Research) | NFA (Not Financial Advice)
(Micron Technology, Inc.)
Key Levels:
* Recent High: $959.34
* Recent Low: $916.01
* At Close: -$0.9893 (-0.10%)
* Pre-Market Price: $944.275 (+0.66%)
* Resistance Zone: $944.89 - $959.34
* Support Zone: $930.45 - $916.01
Possible Scenario:
$MU is trading around $944.275 in pre-market, showing a minor 0.66% gain as price bounces back up from mid-session lows.
Price action is currently testing immediate resistance near $944.89. If buyers sustain momentum and push past this level, a recovery attempt toward the session peak at $959.34 could follow.
However, if rejection occurs near current resistance, price may pull back to retest intermediate support at $930.45, with potential downside toward lower support at $916.01 if selling pressure builds.
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DYOR (Do Your Own Research) | NFA (Not Financial Advice)