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Technology Stocks : Micron Only Forum

MU 241.67

+2.2%

1:37 PM EST

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To: TREND1 who wrote (36375)	7/21/1998 9:44:00 PM
From: DavidG	Read Replies (3) of 53903

Larry and Pat, MU looks like it may be on the brink of at least a few point breakdown. Last Friday MU broke a 7 week uptrend. Today MU closed at 27 7/8, an 1/8 below the 200DMA. If MU drops anymore tomorrow we can expect a test of 26. If 26 doesn't hold then look out. From there, there is a minimal support around 24 and then a quick fall back to 20. I have absolutely no position in MU right now but am planning to go short in the morning. Any comments?? DavidG

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