Technical Analysis of Financial Markets

Thursday, March 29, 2007

Micron Technology, Inc (MU)

Micron engages in the manufacture and marketing of semiconductor devices worldwide. From NAND flash memory for consumer electronics, products include memory for medical devices and image/temperature sensory components for industrial, commercial and military application. Potentially bottomed out, stock price seems to be breaking out of a 7-month downtrend which saw a decline of 63%. Micron announces second quarter 2007 earnings on 4th April.

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