fizzzi
08-04

Key Support Battle — Will 790-800 Hold or Test YTD Lows?

$Micron Technology(MU)$  is holding strong around the $790-$800 range. Breaking both lower trendlines would be crucial for any further downside to continue.

While many semiconductor peers retested their YTD lows, Micron held up relatively well. A brief pullback to test this zone wouldn't be surprising, but holding here opens the door for a big bounce.

Will 790-800 hold as the bottom?

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