Watch These Micron Price Levels as Stock Rises After AI-Driven Earnings Beat
Key Takeaways
- Micron shares moved higher in extended trading Thursday after the chipmaker posted better-than-expected results and issued a strong outlook, bolstered by surging demand for AI.
- The stock recently found buying interest near the lower trendline of a symmetrical triangle and could break out above the pattern in Friday’s trading session after the company’s upbeat results.
- Investors should watch key overhead areas on Micron’s chart around $107, $130, and $200, while also monitoring a crucial support level near $85.
Micron Technology (MU) shares moved higher in extended trading Thursday after the chipmaker posted better-than-expected results and issued a strong outlook, bolstered by surging demand for AI.
The memory…
