TradingKey – Micron Technologies (NASDAQ: MU) is selling at $984.75. That value is down 14% over the past five-trading session stretch, and it’s still trading below the 22% level off its post-earnings high that peaked over $1,200. With an RSI figure of 38.25 on the 2H chart, the technical analyst at the trading site suggests that Micron is coming into oversold territory and that a positive divergence is forming. This occurs near trendline support.

The stock of Micron is currently on the news for a number of factors. For example, Micron entered into a multi-year AI partnership deal and has become the first-choice supplier of memory and storage for the advanced AI systems of company Anthropic. It will also co-develop HBM and storage…