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Technology Stocks : Semi Equipment Analysis
SOXX 292.04+2.4%Dec 18 4:00 PM EST
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To: Return to Sender who wrote (80765)8/14/2018 3:19:21 PM
From: Donald Wennerstrom2 Recommendations

Recommended By
Return to Sender
Sam

   of 95611
 
Micron is flirting with the 200 SMA today. So far today the low has been set at 50.01 and the 200 day SMA is 49.93, only 8 cents apart. Since the 200 day SMA is on a continuing rising trend, Micron will have to do better than the present trend to avoid breaking the average to the downside.

If it does cross the line it will be the first time since the Jul/Aug period in 2016, approximately 2 years ago, when it crossed the average to the upside.

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