Watch These Micron Price Levels as Stock Plummets on Weak Outlook
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Micron shares traded sharply lower in extended trading on Wednesday after the memory chip maker and Nvidia partner issued a weaker-than-expected current-quarter outlook.
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The stock looks set to stage a decisive breakdown below a trading range on Thursday, increasing the potential for further earnings-driven selling.
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Investors should monitor key price levels on Micron’s chart around $85, $78, and $72, while also watching an important overhead area near $97.
Micron Technology (MU) shares traded sharply lower in extended trading on Wednesday after the memory chip maker and Nvidia (NVDA) partner issued a weaker-than-expected current-quarter outlook.
While the Idaho-based company said it sees a return…
