Micron Technology’s stock price (MU) kept rising in latest intraday trading, amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, but countered with the Stochastic reaching overbought levels compared to the stock’s movement.

 

Therefore we expect more gains for the price, targeting the resistance of $137.00, provided the support of $111.00 holds on.

 

Today’s price forecast: Bullish