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Technology Stocks : Micron Only Forum

MU 250.60

-3.0%

9:37 AM EST

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To: TREND1 who wrote (28250)	2/12/1998 4:37:00 PM
From: DavidG	Read Replies (2) of 53903

Larry, The problem that I have with the technical side of MU right now is the failure to break 39... after intra day high of 39, then came 38 5/16 and now today 38 1/16. In fact after dropping to 35 3/8 on each of those highs it showed less momentum which caused lower highs. This afternoon, after dropping to 35 3/8 again, it only went to 37 and stopped. That is why I got out. MU is looking weak and tired and once it drops below 35 I would guess we will see 33 very quick. Good Luck Trading DavidG

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