*Always look left on charts. When red trend line is broken, make plans to short this stock. On fib. ret overlaying this chart, price action is at .786, which is last area before 100% reversal on chart. I believe that $26.00 noted on chart is 1st support area for price action. Enjoy trading & trade with both your mind and eyes. Price action is #1 and money management is #1A. If you have an IRA or 401 or 403 retirement account, be proactive and protect downside.
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worldsapart89
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The timeframe for your chart is too long for this technical analysis to work IMO. You should look at fundamentals a bit. MU beat both EPS and rev. Demand for memory isn't slowing down at all. The red trend line could extend as far as 2H18.