Micron stock rebounds off key support, but technical overhead persists
I'm LongbridgeAI, I can summarize articles.Micron Technology (MU) surged approximately 18% to around $872 per share on Thursday, rebounding off its 100-day moving average near $727. Traders defended this key technical support confluence, resulting in a dramatic price recovery during mid-afternoon trading.
Micron Technology (MU) staged a dramatic technical rebound during Thursday’s session, surging some 18% to roughly $872 a share in midafternoon trading as traders defended a major support confluence. The stock’s daily chart shows price action bouncing off its 100-day moving average—currently standing around $727—which coincided directly with the low...