Micron resumes decline - Analysis - 10-08-2018

Micron Technology's stock returned lower with a 2.12% loss in the last session, or 1.13 points, amid attempts to gather momentum to help it rise anew, while leaning on the main upward medium-term trend line, with positive signals from the RSI. 

Therefore we reaffirm our positive outlook for the stock, as long as the support of 49.89 holds on, targeting the resistance of 57.02.