Micron tries to vent off overbought saturation - Analysis - 26-12-2017

Micron Technology's stock (MU) fell in the intraday levels, registering a loss of 0.68% in the last session, or 0.30 points, as the stock tries to vent off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the important resistance of 49.85.