#Micron Technology
Price: around $1,011.75 after gaining 4.13% on August 17. MU has reclaimed the important $1,000 level.
š¢ Bullish: Strong AI/data-center demand is supporting Micron's high-bandwidth memory business. Its latest fiscal Q3 results were exceptionally strong, with revenue up 346% YoY to $41.5B.
š Key levels:
$1,000ā$1,010: important near-term support
$1,035ā$1,050: potential breakout zone
$1,200ā$1,255: major resistance / previous high area,
My view: š¢ Bullish above $1,000. A strong move above $1,050 could strengthen the upside setup, while losing $1,000 could trigger a pullback toward lower support.
#Micron
Price: around $1,011.75 after gaining 4.13% on August 17. MU has reclaimed the important $1,000 level.
š¢ Bullish: Strong AI/data-center demand is supporting Micron's high-bandwidth memory business. Its latest fiscal Q3 results were exceptionally strong, with revenue up 346% YoY to $41.5B.
š Key levels:
$1,000ā$1,010: important near-term support
$1,035ā$1,050: potential breakout zone
$1,200ā$1,255: major resistance / previous high area,
My view: š¢ Bullish above $1,000. A strong move above $1,050 could strengthen the upside setup, while losing $1,000 could trigger a pullback toward lower support.
#Micron