Breaking through the resistance line in Micron Technology
Micron Technology is a semiconductor manufacturer. It is primarily known for its DRAM modules, flash memory and SSD drives.
The price broke through the resistance line. In fact, the 5th ascending wave has begun. Within the 5-wave movement, the price should reach at least the top of the third wave, which is about 30 percent from the current levels.
Micron Technology also shows good economic results. Revenue is growing from quarter to quarter. The consensus price from analysts is $98 (above the third wave).
The price broke through the resistance line. In fact, the 5th ascending wave has begun. Within the 5-wave movement, the price should reach at least the top of the third wave, which is about 30 percent from the current levels.
Micron Technology also shows good economic results. Revenue is growing from quarter to quarter. The consensus price from analysts is $98 (above the third wave).