MU could find a floor around 36-38 and rebound from there with its RSI at the lowest level since its previous rebound in august. It's set up to return to the channel it had been in since may, 2016. It's recent strength seemed to have come from speculators who were quick to sell on weakness. Potential excess chip supply and the end of the NAND shortage could put pressure on their earnings next year. Though exponential growth in the cloud computing area and chips needed by the IoT could continue to drive more revenue growth. It's a hold until a clear bottom has been made.